India's equity benchmark hits record high

Source: Xinhua | 2018-07-27

India's equity benchmark index BSE Sensex hit a record high of the 37,000-mark Thursday, amid strong buys by domestic investors and global cues.

The Sensex mounted to 37,026.18 intra-day.

Stock market analysts attributed the fresh high to strong domestic buying following good June quarter results by most bluechip companies and global developments.

The state-owned State Bank of India, telecom major Bharti Airtel, largest heavy vehicle maker Tata Motors and FMCG giant ITC were the biggest contributors to the markets.