Stock Market LIVE: Sensex hits fresh record high, Nifty above 11,050

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 gained on Wednesday, tracking positive trends in global markets. Asian shares followed Wall Street higher as a bullish outlook from the head of the US central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. Oil prices dropped on Wednesday after an industry group reported that US crude inventories rose last week.
RIL shares rise over 1% on capital raise newsShares of Reliance Industries rose as much as 1.17% to Rs 1104.50. Bloomberg reported that Reliance Industries plans to raise about Rs40,000 crore in fresh debt this financial year as it expands its consumer businesses.PNC Infratech shares jump 5% on new orderPNC Infratech Ltd shares rose 5% to Rs 157 after the company said it has received an order worth Rs 1,157 crore for highway project in Karnataka.Referenced By- https://www.livemint.com/Money/dTGuOJAPYNMYyS7A8W8SXO/Stock-Market-LIVE-Sensex-hits-fresh-record-high-Nifty-abov.html