Sensex, Nifty end at fresh all time closing high
Equity tips |
- Benchmark indices ended in the green. Nifty50 and Sensex hitting their
respective lifetime highs. The gains in the indices were supported by
index heavyweights Reliance Industries, Tata Consultancy Services, and
State Bank of India.
- The indices also ended at their respective record closing highs, with
the Nifty50 touching the 10500 point mark for a brief period for the
first time.
- The Nifty50 index ended at 10493.00, up 53 points, or 0.5%, while the
BSE Sensex closed at 33,940.30, up 184 points or 0.5% from its previous
close.
- Among specific stocks, shares of Lumax Industries and Lumax Auto
Technologies extended weakness from the early session and fell as much
as 7.1% and 5.2%, respectively, following a report that the income tax
department had raided group company premises.
- About 1,556 shares advanced against 1,175 declining shares on the BSE. All sectoral indices traded in the green except Nifty Metal. The Nifty Volatility index fell 4.11 points to 11.5, which is positive for the market.
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