Nifty touched the psychological mark of 10,000 +Optimism among investorsBuoyant Forex ReservesLiquidityImpressive Q1 resultsPerformance of blue chip stocksEquity benchmark NSE (National Stock Exchange)for the first time in Tuesday's opening trade. The broader index opened at 10,010.55, gaining 44.15 points.Here are some of the key points which contributed to the surge:The policies introduced by the Narendra Modi-government have provided a sense of optimism in the markets. On July 14, it rose by $2.68 billion to touch a new peak of $389.06 , helped by an increase in foreign currency assets (FCAs), RBI data showed. According to NSE data, overseas investors have pumped in $ 2.4 billion in the capital markets this month, encouraged by the smooth roll-out of GST, taking the total to $25 billion so far this year. Healthy profits were reported by Reliance Industries on Friday and HDFC Bank on Monday.One of the leading domestic mortgage lender Indiabulls Housing Finance on Monday reported a 25 per cent jump in the June quarter at Rs 788.2 crore.

Source: Times of India July 25, 2017 05:38 UTC