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Markets start new financial year on record high

A rise in the Asian indices, along with healthy buying in the auto, capital goods and metal stocks supported the gains in the domestic indices, analysts said.

The Sensex traded at 38,942.91, higher by 270 points or 0.70 per cent from the previous close of 38,672.91 points. It had opened at 38,858.88, and so far touched an intra-day high 38,945.79 and a low of 38,844.81 points.

The Nifty50 on the National Stock Exchange traded at 11,692.30, higher by 68.40 points or 0.59 per cent from the previous close of 11,623.90 points.

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