Saturday, Jun 10, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | News | Sensex Rallies 347 Points To End At Fresh Peak

Sensex rallies 347 points to end at fresh peak

Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade.

By PTI
Published Date - 06:51 PM, Mon - 7 December 20
Sensex rallies 347 points to end at fresh peak
whatsapp facebook twitter telegram

Mumbai: Equity benchmark Sensex rallied 347 points to end at its fresh lifetime peak on Monday, tracking gains in index majors HDFC, HUL and ICICI Bank amid unabated foreign fund inflows. After touching a record intra-day high of 45,458.92, the 30-share BSE index settled 347.42 points or 0.77 per cent higher at 45,426.97.

Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade. Bharti Airtel was the top gainer in the Sensex pack, rising around 3 per cent, followed by HUL, HDFC, ITC, IndusInd Bank, SBI, Sun Pharma, ONGC, Tech Mahindra, L&T and Asian Paints.

On the other hand, Kotak Bank, Nestle India, Tata Steel, Bajaj Finance and HDFC Bank were among the laggards. “Domestic equities remained resilient and defied the weak global markets,” said Binod Modi, Head-Strategy at Reliance Securities.

Strong buying was seen across the pack towards the end of the day and thus Nifty gained for the fifth consecutive day. Volatility index once again declined reflecting little risk of ongoing rally, he added. “Positive progress on COVID-19 vaccination and RBI’s strong commitment to support economy recovery are supporting market rally. Further, increased visibility of fiscal stimulus in the US with weak dollar may continue to attract ,s into emerging markets including India,” he stated.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Tokyo ended in the red, while Seoul finished with gains. Stock exchanges in Europe were largely trading with losses in early deals. Meanwhile, the global oil benchmark Brent crude futures slipped 1.02 per cent to $48.75 per barrel.

  • Follow Us :
  • Tags
  • Asia
  • Asian Paints
  • Bajaj Finance
  • Binod Modi

Related News

  • Arjun Rampal extends heartfelt birthday wishes to Nandamuri Balakrishna

    Arjun Rampal extends heartfelt birthday wishes to Nandamuri Balakrishna

  • 2 passenger planes collide at Tokyo airport

    2 passenger planes collide at Tokyo airport

  • Rakul Preet Singh endures 14-Hour underwater shoot for ‘I Love You’ scene

    Rakul Preet Singh endures 14-Hour underwater shoot for ‘I Love You’ scene

  • Go First: Committee of Creditors now in place; approval for revival plan likely soon

    Go First: Committee of Creditors now in place; approval for revival plan likely soon

  • 60 rescued, one injured in Mumbai building blaze

    60 rescued, one injured in Mumbai building blaze

  • Sima Taparia drops a ‘Shaadi’ music video

    Sima Taparia drops a ‘Shaadi’ music video

Latest News

  • Rewind: Tackling turbulence

    1 hour ago
  • Destination USA: Role of international student advising centres

    1 hour ago
  • Microsoft’s new feature to let users react to comments in Word

    2 hours ago
  • Diwali to be school holiday in New York after State legislature passes Bill

    2 hours ago
  • Candlelight vigil by Kuki women in Delhi for those killed in Manipur violence

    2 hours ago
  • US: 2 dead, another injured, in shooting involving Kansas City police officer

    2 hours ago
  • Google patches new Chrome zero-day flaw used in exploit

    3 hours ago
  • Intense fighting reported in Ukraine as last nuclear reactor is shut down amid flooding

    3 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam