Stocks scale fresh records as november F&O series opens strong

TIL Desk/Business/Mumbai/ The BSE Sensex today soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade as the November derivatives series took off on a strong footing amid positive Asian cues.

Consumer durables, power and pharma stocks led the gains, rising by up to 0.85 per cent. The 30-share Sensex soared by 123.49 points, or 0.37 per cent, to 33,270.62 points, breaching its previous record high (intra-day) of 33,196.17 hit yesterday.

Major gainers were Kotak Bank, Cipla, NTPC, Maruti, Tata Motors, Adani Ports, Sun Pharma and L&T. The gauge had gained 764.20 points in the previous four straight sessions.

The 50-share Nifty also hit fresh high of 10,366.15 by climbing 22.35 points, or 0.21 per cent. It also battered its previous record (intra-day) of 10,355.65 points reached yesterday. Firming trend at other Asian bources, tracking overnight gains at the US markets, supported the sentiment.