STOCK MARKET BSE NSE

Sensex, Nifty rally to fresh record highs; Yes Bank surges 7 per cent

The broader NSE Nifty rose 38.05 points, or 0.31 per cent, to its new peak of 12,259.70. It hit an intra-day high of 12,268.35.

Published: 19th December 2019 04:16 PM  |   Last Updated: 19th December 2019 04:16 PM   |  A+A-

Yes Bank

Yes Bank (Photo | EPS)

By PTI

MUMBAI: Extending their record-setting streak for the third session, market benchmarks Sensex and Nifty advanced to fresh highs on Thursday, led by buying in energy, IT and auto counters amid persistent foreign fund inflows.

After rallying to its lifetime intra-day high of 41,719.29, the 30-share BSE Sensex settled 115.35 points, or 0.28 per cent, higher at its fresh closing record of 41,673.92.

Similarly, the broader NSE Nifty rose 38.05 points, or 0.31 per cent, to its new peak of 12,259.70. It hit an intra-day high of 12,268.35.

Yes Bank was the top gainer in the Sensex pack, rallying 6.74 per cent, followed by TCS, Tata Motors, Bharti Airtel, M&M and RIL. On the other hand, Vedanta, HDFC, Sun Pharma and IndusInd Bank shed up to 2.26 per cent.

According to traders, after opening on a cautious note on news of US President Donald Trump's impeachment by the House of Representatives, domestic equities resumed their record-setting streak amid unabated foreign fund inflows.

On a net basis, foreign institutional investors bought equities worth Rs 1,836.81 crore on Wednesday, while domestic institutional investors sold shares worth Rs 1,267.57 crore on Wednesday, data available with stock exchanges showed.

Bourses in Shanghai, Hong Kong, Seoul and Tokyo ended on a mixed note, while those in Europe saw weak trading sentiment.

On the currency front, the rupee depreciated 17 paise against the US dollar to 71.15 (intra-day). Brent futures, the global oil benchmark, rose 0.12 per cent to USD 66.25 per barrel.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp