Wednesday, 2 July 2014

Four reasons why Sensex hit all-time high...

MUMBAI: The S&P BSE Sensex and the Nifty extended gains for fourth straight session and hit fresh all-time high. 

The foreign institutional investors are preferring Indian markets to other emerging markets on hopes that the new government at the centre will be able to take the economy back on growth trajectory. 

Overseas investors have pumped in nearly Rs 32,000 crore in Indian equities and debt in June. Till June 29, they infused Rs 13,764 crore into equities, and Rs Rs 18,188 crore in debt markets, taking the total to Rs 31,952 crore. 

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