Nifty breaches 10,000 points for the first time

July 25, 2017 10:02

The NSE Nifty breached the 10,000 mark for the first time today ushering in hopes of improving earnings, accelerating economic growth. The Sensex rose by 69.47 points, currently at 32,315.34.

Yesterday, among the 51-components in the Nifty index, Reliance Industries scaled fresh 52-week high of Rs 1,624.90. However, the index closed 2.15 per cent up at 1,619.

RIL advanced after the company on Friday announced the launch of JioPhone, a 4G VoLTE-enabled feature phone, at an effective price of Rs zero.

Tata Consultancy Services, Indiabulls Housing Finance (up 1.98 per cent), HDFC Bank (up 1.95 per cent) and Bharti Airtel (up 1.87 per cent) stood among other top gainers in the index.

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