STOCK MARKET BSE NSE

Sensex climbs 174 points to close at its all-time high, Nifty advances by 61.60 points

After touching a record intraday peak of 52,641.53, the 30-share BSE index ended 174.29 points or 0.33 percent higher at 52,474.76.

Published: 11th June 2021 04:21 PM  |   Last Updated: 11th June 2021 04:22 PM   |  A+A-

sensex, nifty, stock exchange, shares

For representational purposes (File Photo | Reuters)

By PTI

MUMBAI: Equity benchmark Sensex climbed 174 points to close at its all-time high on Friday, tracking gains in index heavyweights Reliance Industries, Infosys and TCS amid a largely positive trend in global equities.

After touching a record intraday peak of 52,641.53, the 30-share BSE index ended 174.29 points or 0.33 percent higher at 52,474.76.

Similarly, the broader NSE Nifty advanced 61.60 points or 0.39 percent to its lifetime peak of 15,799.35.

Dr. Reddy's was the top gainer in the Sensex pack, rising over 3 percent, followed by PowerGrid, TCS, HCL Tech, Infosys, and Reliance Industries.

On the other hand, L&T, IndusInd Bank, Bajaj Finserv, and Bharti Airtel were among the laggards.

"Domestic equities extended gains with key benchmark indices Nifty and Sensex recording fresh all-time highs," said Binod Modi, Head - Strategy at Reliance Securities.

A sharp rebound in IT, metals, and RIL supported benchmark indices.

Expectations of sharp recovery in economic activities and indications from government to roll out capital expenditure programme for FY22 faster lifted sentiments, he added.

Elsewhere in Asia, bourses in Shanghai and Tokyo were in the red, while Hong Kong and Seoul ended on a positive note.

Equities in Europe were largely trading with gains in mid-session deals.

International oil benchmark Brent crude was trading 0.22 percent higher at USD 72.68 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