Wow! For the first time Nifty surged past the 9,300-level breaking its previous record

New Delhi: Sensex wnt up by 287.40 points currently at 29,943.24; Nifty up by 88.65 points currently at 9,306.60. For the first time on Tuesday Nifty the market benchmark, past the 9,300-level. 

Fuelled by a rally in Reliance Industries and other bluechips on upbeat earnings. The Nifty closed 88.65 points higher at 9,306.60. It broke the previous record of 9,273.90 reached on April 5.

Positive Asian cues and a higher opening in European markets also added to the momentum. Shares of Reliance Industries surged after the company reported a fourth quarter net profit. Other major gainers were Asian Paints, Bharati Airtel, Power Grid among others.Globally Japan's Nillei surged 1.90 per cent.

Shares of Reliance Industries surged 1.21% to Rs 1,433.50 after the company yesterday reported a record fourth quarter net profit of Rs 8,046 crore.

Other major gainers that supported the key indices were M&M, Bharti Airtel, Hero MotoCorp, Asian Paints, Power Grid, ITC Ltd, HUL, ICICI Bank and HDFC Ltd, rising by up to 3.36 per cent.

Agencies