{"id":109671,"date":"2023-09-12T10:55:33","date_gmt":"2023-09-12T05:25:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109671"},"modified":"2023-09-12T10:55:38","modified_gmt":"2023-09-12T05:25:38","slug":"in-early-trading-nifty-reached-a-new-record-high-as-markets-continued-their-eight-day-rise","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/in-early-trading-nifty-reached-a-new-record-high-as-markets-continued-their-eight-day-rise\/","title":{"rendered":"In early trading, Nifty reached a new record high as markets continued their eight-day rise"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-611255458\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The major equity indices maintained their upward trend in Tuesday&#8217;s early trade, rising for the eighth straight day, with the Nifty reaching a new all-time high.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1066991271\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The strong rise in equity in initial agreements was also aided by a generally firm trend in global markets and recent foreign capital inflows.<\/p><p>The 30-share BSE Sensex climbed 412.02 points to 67,539.10 in early trade. The Nifty jumped 114 points to 20,110.35 &#8212; its all-time high mark.<\/p><p>&nbsp;Major gainers among the Sensex firms, Larsen &amp; Toubro, ICICI Bank, Sun Pharma, JSW Steel, Infosys, Tata Consultancy Services, Axis Bank and Bharti Airtel.<\/p><div class=\"trade-content_5\" id=\"trade-3223309007\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>NTPC, Maruti, Hindustan Unilever and Tata Motors were among the laggards.<\/p><p>Tokyo, Shanghai, and Hong Kong were trading green on Asian markets, while Seoul was trading lower.<\/p><p>The US markets ended in positive territory on Monday.<\/p><p>V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services, said &#8220;Optimism regarding India&#8217;s growth prospects in a low-growth world and a fast decelerating China has triggered this rally enabling the Nifty to cross the psychological 20,000 mark. FIIs, too, have joined the party with a buy figure of Rs 1,473 crore.&#8221;&nbsp;<\/p><p>The participation of the fairly valued large banking stocks and RIL make this rally healthy even when the overall market valuation is turning expensive, he added.<\/p><p>According to exchange data, Foreign Institutional Investors (FIIs) turned buyers on Monday as they bought equities worth Rs 1,473.09 crore.<\/p><div class=\"trade-content-10\" id=\"trade-3836458710\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Global oil benchmark Brent crude climbed 0.39 per cent to USD 90.99 a barrel.<\/p><p>The 30-share BSE benchmark regained the 67,000 level on Monday. The benchmark climbed 528.17 points or 0.79 per cent to settle at 67,127.08. The Nifty ended at 19,996.35, reflecting a gain of 176.40 points or 0.89 per cent. The Nifty scaled the record 20,000 mark for the first time ever in intra-day trade.<\/p><div class=\"trade-after-content\" id=\"trade-3448267681\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The major equity indices maintained their upward trend in Tuesday&#8217;s early trade, rising for the eighth straight day, with the Nifty reaching a new all-time high. The strong rise in equity in initial agreements was also aided by a generally firm trend in global markets and recent foreign capital inflows. The 30-share BSE Sensex climbed [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-109671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In early trading, Nifty reached a new record high as markets continued their eight-day rise - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The major equity indices maintained their upward trend in Tuesday&#039;s early trade, rising for the eighth straight day, with the Nifty reaching a new all-time high.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/in-early-trading-nifty-reached-a-new-record-high-as-markets-continued-their-eight-day-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In early trading, Nifty reached a new record high as markets continued their eight-day rise\" \/>\n<meta property=\"og:description\" content=\"The major equity indices maintained their upward trend in Tuesday&#039;s early trade, rising for the eighth straight day, with the Nifty reaching a new all-time high.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/in-early-trading-nifty-reached-a-new-record-high-as-markets-continued-their-eight-day-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-12T05:25:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-12T05:25:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/market-cover-image-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/in-early-trading-nifty-reached-a-new-record-high-as-markets-continued-their-eight-day-rise\/\",\"url\":\"https:\/\/tradebrains.in\/features\/in-early-trading-nifty-reached-a-new-record-high-as-markets-continued-their-eight-day-rise\/\",\"name\":\"In early trading, Nifty reached a new record high as markets continued their eight-day rise - 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