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Mumbai: The rupee rose by 3 paise to settle at 72.94 (provisional) against the US dollar on Monday, extending its gains for the fifth straight session despite heavy selling in the domestic equity market. At the interbank forex market, the rupee opened at 72.95 against the American currency, and hit an intraday high of 72.89 […]
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.13 per cent to 90.12.
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Among major earnings to focus on this week are from UCO Bank, Axis Bank, Bank of Baroda, Canara Bank, Hindustan Unilever Limited, Lupin, Maruti Suzuki India and Tata Motors.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.03 per cent to 90.10.
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Bajaj Auto, Asian Paints, Mahindra and Mahindra, Maruti Suzuki and Reliance Industries were top gainers.
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On the domestic equity market front, the BSE Sensex was trading 277.80 points or 0.56 per cent higher at 50,069.92.
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Sensex touched an all-time high of 49,874.42 and the Nifty50 on the National Stock Exchange (NSE) recorded a new high of 14,666.45 points.
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The price band of Indigo Paints IPO has been fixed at Rs 1,488-1,490 per share for the initial share sale. The minimum lot size is 10 equity shares at Rs 14,900.
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Following the upbeat sentiment, the market capitalisation of BSE-listed companies jumped Rs 3,41,846.01 crore to Rs 1,96,19,149.34 crore
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Similarly, the broader NSE Nifty surged 239.85 points or 1.68 per cent to 14,521.15. Bajaj Finserv was the top gainer in the Sensex pack
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ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by Sun Pharma, PowerGrid, Bajaj Finance, IndusInd Bank, Dr Reddy's and Maruti.
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Following the bearish trend, the market capitalisation of the BSE-listed companies dived Rs 2,23,012.44 crore to Rs 1,95,43,560.22 crore
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Both the Sensex and the Nifty50 on the National Stock Exchange (NSE) touched all-time high levels of 49,795.19 and 14,653.35 points.
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The rise in domestic indices came on the back of a positive trend in the global markets along with robust Q3 earnings.
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Some losses were witnessed in the IT, FMCG and Pharma indices while Metal, Realty Banking and Auto space traded in the green.
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Around 10.15 a.m., Sensex was trading at 47,986.84, lower by 189.96 points or 0.39 per cent from its previous close of 48,176.80.
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It has touched an all-time high of 48,168.22 points. Similarly, the Nifty50 on the National Stock Exchange touched a high of 14,114.15 points
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The past week saw the benchmark indices Sensex and Nifty hitting record levels on a daily basis, buoyed by positive global trends and news around rollout of coronavirus vaccination.
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BSE Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime high of 47,868.98
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Around 10.30 a.m., Sensex was trading at 46,867.57, higher by 423.39 points or 0.91 per cent from its previous close of 46,444.18.