Ahead of Economic Survey, Sensex, Nifty touch fresh highs

Ahead of Economic Survey, Sensex, Nifty touch fresh highs

Key indices Sensex and Nifty touch all-time high ahead of the Economic Survey which will be presented on first day of the Budget Session of the Parliament, which is scheduled to be start on January 29.

At 9:27 AM, BSE Sensex was up by 200 points to trade at 36,290.39 while Nifty was trading at 11,130.75.

The first phase of the Budget session is scheduled from January 29 to February 9. After a recess, Parliament would meet again from March 5 to April 6.

The Narendra Modi government will present last full-fledged budget of its term in office on February 1.

Asian shares extended their bull run on Monday amid upbeat corporate earnings and strong global economic growth, while the dollar tried to bounce even as the White House continued to complain of "unfair" trade practices by competitors.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 per cent, aiming for a 12th straight session of gains. It is up 8 per cent for the year so far.

Japan's Nikkei rose 0.5 percent as the yen eased a little, while South Korea notched a record.

Hong Kong's Hang Seng also rose 0.5 percent. It has been the best performer for the year with a rise of more than 11 per cent, followed by Shanghai blue chips with gains of nearly 9 per cent, though the latter dipped on Monday.