The Bombay Stock Exchange’s Sensex today crossed the 31,000 mark for the first time by creating a new record. The market continued to flourish amidst the better quarterly results of companies and continuous flow of funds. The Nifty of the National Stock Exchange also advanced 81.55 points, or 0.85 percent, to new record level of 9,591.30 points.
In the afternoon trade, Sensex of the Bombay Stock Exchange touched a high of 284.27 points, or 0.92 per cent, to 31,034.30.
Sensex had touched 448.39 points in the previous session. Index of all categories including metals, capital goods, vehicles and electricity, climbed up to 3.53 percent.
Since the arrival of the BJP-led National Democratic Alliance (NDA) government in May 2014, the Sensex has climbed nearly 26 percent. Keeping the ties of Asian markets and strong opening of European markets also strengthened the sensex.