The gauge finally settled the day at 39,056.65, 184.78 points or 0.48 per cent higher, marking its highest ever closing. Bucking the overall trend, Bajaj Auto, Sun Pharma, Vedanta, Tata Steel, HCL Tech and HDFC Bank shares slipped due to profit-booking. Analysts said inflow of foreign liquidity in expectation of rate cut from the RBI and revival in earnings will provide stability in the market. Experts believe that hopes of interest rate cut by the Reserve Bank have also aided the recent rally in domestic equities. Taking cues from US stocks, the Shanghai Composite index rose 0.3 per cent, Hang Seng edged up 0.21 per cent and Kospi advanced 0.4 per cent.

Source: dna April 02, 2019 12:33 UTC