U.S. benchmark indices hit record high - Nirmal Bang

U.S. stocks rose, sending benchmark indexes to records, as earnings from MS and UnitedHealth Group beat estimates and jobless claims fell amid testimony from Fed Reserve Chairman Bernanke.

Asian stocks fell, with the regional benchmark index heading for its third day of decline, as Advantest Corp. led technology stocks lower.

Helped by fag-end buying, Sensex climbed nearly 180 points to new six-week high on the back of strength in HDFC Bank, Infosys and ONGC shares, amid a firming global trend. Experts said a firming Asian trend and higher opening in Europe after US Fed Reserve chief Bernanke stated the bank had no plan to wind down its stimulus until the economy was back on track, further influenced sentiments here. Market is expected to open on a flattish note and advance during the day.

Source : Equity Bulls

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