Nifty hits 11, 000 for first time, Sensex scales 36, 000

January 23, 2018 09:57

Continuing its record run, the stock markets touched new highs with benchmark index Nifty hitting 11,000 for the first time in opening trade.

In early trade, Nifty surged to 11,023, while Sensex rose over 200 points to 36,017, also a record high.

Higher global markets and optimism about India Inc's third-quarter earnings and economic recovery lifted domestic market sentiment.

Adding to the market cheer, the International Monetary Fund on Monday revised up its forecast for world economic growth in 2018 and 2019.

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