Scan to Download
Indian equity markets ended higher for the sixth straight day, and in the process, ending at record high levels.
The S&P BSE Sensex ended 1.7% or 700 points higher at 42,597. It crossed its intraday record high of 42,273 in early trade and held on to gains since then.
The NSE Nifty 50 index too ended at a record high, ending 1.6% higher at 12,461. The index crossed its previous record of 12,430 in early trade and managed to hold above it, after a brief bout of volatility.
Nifty Bank was the top performing index for the session, ending another 800 points higher or 2.7%.
The Nifty Metal index was the other major sectoral gainer, ending 1.8% higher. The Nifty Realty and Nifty I.T. indices gained 1.5% each while the FMCG and PSU Bank index ended with gains of 1%.
The broader markets underperformed in today's session. The midcap index ended with gains of 0.9% while the Smallcap index gained 0.3%.
The India Volatility Index ended 1.6% lower at the mark of 20, at 20.17.
1,119 stocks on the NSE ended with gains while 729 stocks posted losses.
How An Investment Theory Hurt A Generation Of Indian Investors
What Led To Glenmark Shares’ Steepest Fall In Two Months
S&P 500 Futures Rise in First Trading Since Biden Captured Vote
Divi’s Laboratories Stock Hits A Record High After Analysts Upgrades
Balkrishna Industries Reports Highest Ever Sales Volumes In Q2
Indian equity markets extended their gains to the sixth straight day, spurred by a risk-on sentiment across the globe, post Joe Biden's victory in the U.S. Presidential election.
The S&P BSE Sensex opened 0.9% higher at its record high level of 42,273. Incidentally, this is the same level which it scaled on January 20, 2020.
The NSE Nifty 50 index opened 1.1% higher at 12,399 and is 30 points away from its all-time high of 12,430.
All sectoral indices have opened with gains. The Nifty Bank, Nift Metal, Nifty I.T. indices have opened with gains of 1% each, while the PSU Bank index is outperforming with gains of 1.5%.
Nifty Auto, Nifty FMCG and Nifty Realty have opened with gains of 0.8% each. Broader markets too are trading higher. The Nifty Midcap index is up 0.7% while the Smallcap index has gained 0.8% at the start of trading.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
