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Sensex, Nifty hit fresh highs on earnings hopes

DNMUM392641 | 7/18/2017 | Author : DNA Money Correspondent | WC :188

Mumbai : Dalal Street closed Monday’s session in the green on renewed strength of the benchmark indices on optimism about corporate earnings.
While the BSE Sensex closed at a fresh high of 32074.78, after jumping 54.03 points, or 0.17%, Nifty closed over the 9900 level for the first time at 9915.95, after inching up 29.60 points, or 0.30%.
Investors’ optimism about encouraging first quarter earnings report by blue-chip companies in the days ahead, clubbed with smooth sailing of monsoon, led the gains.
Wipro emerged as the biggest gainer rising 3.12% ahead of its Board meeting to discuss buyback of shares while Infosys was up 1.37%. Adani Ports, ICICI Bank, Cipla, Hindustan Unilever and Reliance Industries were among other
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