Sensex extends gains after hitting record high, Nifty above 11,100; ACC soars 13%

Equity benchmarks have looked to continue their momentum from Monday, with the Sensex opening at a record high, while the Nifty has opened above 11,100. 

All sectoral indices are trading in the green, with maximum gains seen among IT and infrastructure names. Midcaps, meanwhile, have opened higher, with the index rising around 0.20 percent. Shares of ACC are trading higher by 10 percent after the company reported good results for the June quarter. 

The Indian rupee opened lower by 10 paise at 68.96 per dollar on Tuesday versus 68.86 yesterday.

Rupee gained in yesterday’s session primarily on the back of weakness in the dollar against its major crosses after comments from US President wherein he raised concerns over a stronger dollar and the Federal Reserve’s interest rate increases, said Motilal Oswal.

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 https://www.moneycontrol.com/news/business/markets/market-live-sensex-extends-gains-after-hitting-record-high-nifty-above-11100-acc-soars-13-2752141.html