<p class="title">The BSE Sensex hit the 38,000 level for the first time today on widespread buying in banking, energy and PSU stocks amid unabated inflows by domestic and foreign institutional investors.</p>.<p class="bodytext">The broader NSE Nifty too touched a new peak of 11,495.20.</p>.<p class="bodytext">The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early trade today, breaching its previous intra-day record of 37,931.42 hit yesterday.</p>.<p class="bodytext">Strong gains in banking, oil and gas, PSU, realty, healthcare, IT, teck, metal, infrastructure, capital goods, FMCG, power and auto stocks spurred the index higher.</p>.<p class="bodytext">The NSE Nifty spurted 45.20 points, or 0.39 per cent, to 11,495.20, surpassing its previous (intra-day) record of 11,459.95 hit yesterday.</p>.<p class="bodytext">Analysts said strong liquidity in the market following unabated buying by foreign as well as domestic institutional investors and encouraging Q1 earnings bolstered sentiment.</p>.<p class="bodytext">On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 568.63 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 30.25 crore yesterday, provisional data showed.</p>.<p class="bodytext">Asian shares were mixed in early trade amid rising trade tensions between the US and China.</p>.<p class="bodytext">Hong Kong's Hang Seng was up 0.89 per cent and Shanghai Composite Index surged 1.83 per cent, while Japan's Nikkei shed 0.27 per cent in early deals.</p>.<p class="bodytext">US stock market indices closed mostly lower yesterday as investors grappled with a fresh round of tariff clashes between the Trump administration and China.</p>.<p class="bodytext">The US Dow Jones Industrial Average ended 0.18 per cent lower yesterday. </p>
<p class="title">The BSE Sensex hit the 38,000 level for the first time today on widespread buying in banking, energy and PSU stocks amid unabated inflows by domestic and foreign institutional investors.</p>.<p class="bodytext">The broader NSE Nifty too touched a new peak of 11,495.20.</p>.<p class="bodytext">The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early trade today, breaching its previous intra-day record of 37,931.42 hit yesterday.</p>.<p class="bodytext">Strong gains in banking, oil and gas, PSU, realty, healthcare, IT, teck, metal, infrastructure, capital goods, FMCG, power and auto stocks spurred the index higher.</p>.<p class="bodytext">The NSE Nifty spurted 45.20 points, or 0.39 per cent, to 11,495.20, surpassing its previous (intra-day) record of 11,459.95 hit yesterday.</p>.<p class="bodytext">Analysts said strong liquidity in the market following unabated buying by foreign as well as domestic institutional investors and encouraging Q1 earnings bolstered sentiment.</p>.<p class="bodytext">On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 568.63 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 30.25 crore yesterday, provisional data showed.</p>.<p class="bodytext">Asian shares were mixed in early trade amid rising trade tensions between the US and China.</p>.<p class="bodytext">Hong Kong's Hang Seng was up 0.89 per cent and Shanghai Composite Index surged 1.83 per cent, while Japan's Nikkei shed 0.27 per cent in early deals.</p>.<p class="bodytext">US stock market indices closed mostly lower yesterday as investors grappled with a fresh round of tariff clashes between the Trump administration and China.</p>.<p class="bodytext">The US Dow Jones Industrial Average ended 0.18 per cent lower yesterday. </p>