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Markets open flat: Sensex, Nifty down; FMCG stocks early gainers
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Nifty scales record high as declining COVID cases lift sentiment; extended buying may continue in near-term
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: Thursday, May 27, 2021, 4:15 PM IST
Markets maintain optimism as bulls hold fort for 3rd straight session; buoyancy likely to continue, say experts
ANI Photo
Due to the rebalancing of the FTSE index, the market remained heavily volatile on the day of monthly expiry of the F&O contracts. The Nifty once again gave buyers the opportunity to buy on dips.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities said the Nifty bounced from 15,280 to 15,380 in a row. The 15,430 level is the previous highest and as of today s formation, Nifty can show levels of 15,430 or 15,500. As the market has created a long legged doji, the Nifty will be even more volatile, he said.
Sensex rises 98 pts amid F&O expiry; Nifty ends at record high
Sensex ended 97 points higher at 51,115 and Nifty rose 36 points to 15,337.
BusinessToday.In | May 27, 2021 | Updated 17:23 IST
SBI was the top Sensex gainer jumping around 3 per cent, followed by Kotak Bank, Axis Bank, Bajaj Auto, Tech Mahindra, UltraTech Cement and PowerGrid.
Benchmark indices managed to close higher today as monthly derivatives expired amid a largely weak trend in global markets. Sensex ended 97 points higher at 51,115 and Nifty rose 36 points to 15,337. This is the 50 stock index s highest close ever.
SBI was the top Sensex gainer jumping around 3 per cent, followed by Kotak Bank, Axis Bank, Bajaj Auto, Tech Mahindra, UltraTech Cement and PowerGrid.
Nifty ends at record closing level
By IANS |
Published on
Thu, May 27 2021 16:42 IST |
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Mumbai: A view of the newly launched of Nifty50 at NSE building, Bandra Kurla Complex in Mumbai on May 28, 2019 . Image Source: IANS News
Mumbai, May 27 : The Nifty50 on the National Stock Exchange (NSE) settled at its record closing level on Thursday.
It closed at 15,337.85, higher by 36.40 points or 0.24 per cent from its previous close of 15,301.45 points.
Healthy buying was witnessed in banking and IT stocks.
The BSE Sensex closed at 51,115.22, higher by 97.70 points or 0.19 per cent from its previous close of 51,017.52 points.
It had opened at 51,128.80 and touched an intra-day high of 51,282.90 and a low of 50,891.66 points.
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