The BSE benchmark Sensex jumped 300 points to a fresh record high of over 39,000 points on day one of the new financial year in early trade on Monday, driven by sustained buying mainly in metal, auto and financial stocks amid positive global cues. On the Sensex chart, Vedanta, Tata Steel, Tata Motors, Mahindra and Mahindra and ICICI Bank led the rally. Asian markets were trading positively amid optimism over China-US trade talks and expansion in manufacturing activity in China in March. The 30-share Sensex opened on a positive note at 38,858.88 and rose to a high of 38,960.28 in early deals. Similarly, the NSE Nifty started off on a high note at 11,665.20 and hit a high of 11,699.70 in opening deals.

Source: Hindustan Times April 01, 2019 04:40 UTC