Sensex jumps over 150 points to fresh high; Nifty crosses 15,900
The Hindu
Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo were trading with losses in mid-session deals.
Equity benchmarks Sensex and Nifty scaled fresh intra-day records in opening trade on Monday, tracking gains in heavyweights Reliance Industries, ICICI Bank and HDFC. After touching a lifetime high of 53,126.73, the 30-share BSE index was trading 142.85 points or 0.27% higher at 53,067.89 in initial deals. Similarly, the broader NSE Nifty was trading 42.25 points or 0.27% higher at 15,902.60. It touched a lifetime intra-day peak of 15,915.65 in the opening session.The election authorities are gearing up for the counting of votes cast in the simultaneous elections to Lok Sabha and Assembly seats in Andhra Pradesh, scheduled to be held on June 4. The Collectors and Election Officers of Visakhapatnam, Anakapalli and Alluri Sitharama Raju (ASR) districts said on May 23 (Thursday) that their teams were ready for the counting of votes.
Responding to the prolonged water scarcity, the residents of the area took to the streets in protest on Wednesday. The protest, which drew attention to their plight, stopped only after the intervention of the police. It was not until 1.30 p.m. that a 4000-litre tanker was finally delivered by BWSSB, providing relief to the water-starved residents.