Sensex touches 35,000-a record high, so far today, precisely 35,002.78, a jump by 200 points. Indian rupee against the US dollar ended at 64.03 on Tuesday. Nifty too recorded a jump stood at 10,761. The reason attributed is the higher earnings by the corporates and the money flow has become a catalyst in furthering the interests of the market.
Overall there has been an upsurge in the market as Tech Mahindra went up to one year's record, followed by TCS, HCL Tech, Infosys. Following Central Governments declaration of reduction in the additional market borrowings by Rs.20,000 crore during the financial year-end. The high expectation on the presentation of the budget on 1st February by Arun Jaitley is an indicator to the market trend.