Sensex, Nifty end at fresh all time closing high


Equity tips:-
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  • 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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