Nifty
Record highs: Sensex crosses 59k mark; Telecom stocks soar
Both key indices - S&P BSE Sensex and NSE Nifty50 -- made new record highs. The Sensex crossed the 59,000 marks, while Nifty breached the 17,500 level. As per market observers, the up moves come a day after the government announced support measures for some beleaguered sectors along with provisions for PLI schemes for others.
FPIs net investment of Rs 7,575 cr in September so far
This week, both the key Indian equity indices scaled new highs. The BSE Sensex, on Tuesday touched a record intra-day high of 58,553.07 points and the Nifty50 on the National Stock Exchange hit its all-time high of 17,436.50 points. The total net investment last year stood at Rs 16,556 crore. The inflow of FPIs continues amid a recovery in the economy and improving macroeconomic numbers.
New Highs: Sensex hits 58,500; RIL shares surge
Sensex has touched a fresh high of 58,515.85 points and the Nifty50 on the National Stock Exchange 17,429.55 points. Around 10.15 a.m., Sensex was trading at 58,421.04, higher by 291.09 points or 0.50 per cent from its previous close of 58,129.95 points. Around 10.15 a.m., Sensex was trading at 58,421.04, higher by 291.09 points.
Sensex closes above 58,000, RIL shares surge 4%
Sensex touched a record high of 58,194.79 points during the day. It closed at 58,129.95, higher by 277.41 points, or 0.48 per cent, from its previous close of 57,852.54. It had opened at 57,983.45 and touched an intra-day low of 57,764.07 points. The Nifty50 on the National Stock Exchange closed at 17,323.60, higher by 89.45 points or 0.52 per cent from its previous close.
Banking, finance stocks lift the market to new highs
The surge came on the back of healthy buying in banking and finance stocks. However, selling pressure in metal and IT stocks capped the gains. Sensex has touched an all-time high of 57,918.71 points, while Nifty has hit a record high of 17,225.75 points.
Nifty hits 17,000 for first time, Sensex well above 57,000 (Ld)
The landmark feat comes just after the BSE Sensex hit the 57,000 marks earlier in the day. The Nifty50 has touched a new record high of 17,048.80 points, while the Sensex has hit an all-time high of 57,280.44 points. Healthy buying was witnessed in telecom and healthcare stocks. The rise in Indian indices came amid a mixed trend in the global markets.
Sensex soars 765 points, Nifty nears 17,000-mark
The BSE Sensex touched a new high of 56,958.27 points during the day while Nifty50 on the National Stock Exchange inched closer to the landmark 17,000 level. It hit a new all-time high of 16,951.50 points. The market rose tracking global gains post a dovish speech by Federal Reserve Chair Jerome Powell on Friday. Surge in the shares of index-heavyweight Reliance Industries also supported the domestic indices.
Faster economic rebound lift equities, Nfty crosses 16k mark
Notably, the Nifty has breached the all-time high of 16,000. Besides, healthy macro-economic data as well as better-than-expected quarterly results boosted investors' sentiments. Segment wise, FMCG, Consumer Durables and Telecom shares saw healthy demand. Consequently, the S&P BSE Sensex hit a record level of 53,478.57 points and the Nifty50 touched a new high of 16,025 points.
Sensex, Nifty hit new record highs
The Sensex hit a record level of 53,292.82 and the Nifty50 touched a new high of 15,970.65 points. Around 10.20 a.m., Sensex was trading at 53,269.01, higher by 318.38 points or 0.60 per cent from its previous close of 52,950.63. The Nifty50 on the National Stock Exchange was trading at 15,964.70, higher by 79.55 points or 0.5 per cent from its previous close.
Hopes of healthy Q1 results to push equities higher
Accordingly, market observers, expect a status-quo on key lending rates as well as hopes of healthy Q1 earnings to push the indices' higher. Besides, the direction of foreign fund flows, will also impact investors' sentiments. Earlier, India's equity markets ended the previous week almost on a flat note - with NSE Nifty50 down by 0.59 per cent, while S&P BSE Sensex was down 0.73 per cent.
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