Sensex Gains 202 Points, Nifty Closes Above 11,700 For First Time

INSUBCONTINENT EXCLUSIVE:
Reliance Industries and Maruti Suzuki India were among the top gainers on the Nifty 50Stock markets extended their gains to a second
BSE benchmark index Sensex rose 202 points to close at 38,896 while the NSE Nifty advanced 46 points to settle at 11,738
Gains across energy, financial services, metal and auto stocks pushed the indices higher, amid positive cues from global markets
Top gainers on the 50-scrip index were Reliance Industries, Maruti Suzuki, HDFC, Vedanta, Tata Steel and Adani Ports, closing between 1.5
during the session, respectively.The Nifty has had a record-setting run in the last two months, while the Sensex has been Asia's top
cent annual increase in profits for the June 2018 quarter, the strongest growth in five quarters.Prevailing weakness in the rupee against
the US dollar boosted IT stocks
US dollar to touch 70.06 on Tuesday
country's largest software services exporters, closed 0.9 per cent and 0.7 per cent higher respectively.Buying by institutional investors
provided further support to domestic equities, while other Asian peers lifted investor sentiment, say analysts.Equities in other Asian
markets advanced, with the MSCI's broadest index of Asia-Pacific shares outside Japan climbing 0.6 per cent for a second straight day of
euro, but gained against the yen after the US-Mexico deal boosted appetite for riskier assets.Net purchases of shares by foreign portfolio
investors (FPIs) stood at Rs 252.52 crore, and at Rs 1,117.24 crore by domestic institutional investors (DIIs) on Monday, according to
provisional data from the NSE.(With agency inputs)