US stocks extend winning streak; dollar firm
NEW YORK: US stocks rose on Monday, building on last week's rally as investors continued to digest corporate results, while the dollar reached a two-week high against the yen after Japan posted a record trade deficit.
The S&P 500 index rose for a fifth straight day, the longest winning streak since October. The S&P 500 last week jumped 2.7 per cent , the biggest weekly rise since July.
Nifty hits record high; HDFC Bank gains, ICICI & SBI fall
Equity benchmarks opened higher on Tuesday with the Nifty hitting record high of 6827.20 supported by HDFC group, pharma, technology and capital goods stocks.
Equity benchmarks opened higher on Tuesday with the Nifty hitting record high of 6827.20 supported by HDFC group, pharma, technology and capital goods stocks. The Sensex rose 35.45 points to 22800.28 and the Nifty advanced 8.05 points to 6825.70. About 603 shares have advanced, 196 shares declined, and 30 shares are unchanged.
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