Nifty soars to fresh record high

Mumbai, Apr 8: The Nifty started a fresh week by climbing to a new record high and closing level on Monday led by gains in automobile stocks, said Deepak Jasani, Head of Retail Research at HDFC Securities.

With this, the market cap of BSE-listed firms crossed the Rs 400 lakh crore mark.

At close, the Nifty was up 0.68 per cent or 152 points at 22,666. Cash market volumes on the NSE fell marginally to Rs 0.95 lakh crore, while the broader market indices underperformed vis-a-vis the Nifty, Jasani said.

Global equities posted modest moves -- mostly on the up -- as investors prepared for a busy week that includes US inflation data, the start of the first-quarter earnings season, and a European Central Bank interest rate decision, he said.