Sensex adds to gains for 2nd day, Nifty hits 15-mth high

Sensex adds to gains for 2nd day, Nifty hits 15-mth high

PTIUpdated: Thursday, May 30, 2019, 01:48 PM IST
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MUMBAI: Stockskept their winning run going for a second session as the BSE Sensex gained over 184 points to 28,208.62  on more positive signals on GST bill and improvement in corporate earnings. Besides, the broader NSE Nifty perked up by 50.50 points to touch a fresh 15-month high at 8,666.30. Shares of Asian Paints hit record high after rising 6.14 per cent to Rs 1,126.95 following 18.46 per cent jump in consolidated net profit to Rs 552.56 crore. Maruti Suzuki India surged 4.47 per cent to Rs 4,762.70 after it announced plans to have 250 Nexa outlets by March and said the premium sales and service outlets to contribute 15 % of the company’s sales by 2020. The government meanwhile reached out to leaders of several opposition parties, including Congress and Samajwadi Party, over the contentious GST bill. Traders said covering-up of short positions on expiry of July series of derivative contracts and participants carrying positions to new series also boosted sentiment, reports PTI.

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