Markets closed today on account of Ram Navmi

Mumbai: The Bombay Stock Exchange (BSE), The National Stock Exchange (NSE), Forex, Money Market and all other major commodity markets including bullion, Oils/Seeds, Spices, Metals, Grains, Cotton and Sugar remained closed on Tuesday on account of Ram Navmi.

Sensex and the Nifty yesterday hit record closing high on the first trading day of 2017-18 to end at 29,910.22 and 9,237.85, respectively, driven by a rally in index heavy-weights RIL and L&T.

A firming trend in global markets as traders look ahead for the US job data release and a meeting between the American and Chinese presidents later in the week also influenced sentiment, brokers said.

The BSE Sensex resumed higher at 29,737.73 and advanced to 29,926.94, before settling at fresh closing peak of 29,910.22 - gain of 289.72 points or 0.98 percent. It surpassed previous closing record of 29,681.88 set on January 29, 2015, and its single day biggest gain since March 14 this year. The gauge had lost 26.92 in the previous session on Friday's trade.

The NSE Nifty today opened higher and breached the again 9,200-mark and touched all-time high of 9,245.35. It ended with a gain of 64.10 points, or 0.70 percent, at new closing peak of 9,237.85.

With PTI Inputs