After A One-Day Pause Led By TCS And Reliance, Nifty Resumed A Record Rebound.
Reliance Industries, Tata Consultancy Services, Hindustan Unilever, HDFC, ICICI Bank and Kotak Mahindra Bank are the main engines of Sensex.
The benchmark index of the Indian stock market resumed a record-breaking continuous rise after a one-day break in the previous trading day, driven by Reliance Industries, Tata Consulting Services, Hindustan Unilever, HDFC, ICICI Bank and Kotak Mahindra Bank. The Sensex index rose to 554 points, and the Nifty 50 index set a record of 17,245.50 points. Analysts said that optimism about economic recovery has boosted investor confidence in risky assets.
The Sensex progressed 514 focuses to close at record high of 57,852.54 and Nifty 50 file climbed 158 focuses to close at an unequaled high of 17,234.
Thirteen of 15 area checks assembled by the National Stock Exchange finished higher drove by the Nifty Consumer Durables file’s almost 2% increase. Clever Realty, Private Bank, Pharma, Information Technology and FMCG records additionally rose between 1-1.65 percent.
Then again, PSU Bank and Auto records finished lower.
Mid-and little cap shares likewise saw solid purchasing interest as Nifty Midcap 100 and Nifty Smallcap 100 files rose 1% each.
HDFC Life was among the top Nifty gainers, the stock rose almost 6% to close at record high of ₹ 760 every day in front of its executive gathering to think about special assignment of offers.
Shree Cements, Cipla, TCS, Hindustan Unilever, Kotak Mahindra Bank, UltraTech Cement, Nestle India, Britannia Industries, SBI Life, Dr Reddy’s Labs, Wipro, JSW Steel and Titan also increased by 1-3.5%.
On the other hand, Mahindra & Mahindra’s share price fell nearly 2% to close at 755 rupees. Earlier, the company said that your car The industry will have a “stop production day” of about 7 days. Branch factory in September.
ONGC, Bajaj Auto, Divi’s Labs, Tata Motors, Indian Oil, Bajaj Finserv, Hindalco, Hero MotoCorp, Bajaj Finance and Bharti Airtel are the losers.