Sensex, Nifty Soar To Record Closing Highs Led By Financial Shares Share Market Latest Updates: Gains across most sectors led by banking, financial services, automobile and metal shares backed the upmove in the markets
Updated: December 28, 2020 3:32 pm IST
Stock Market Updates: The S&P BSE Sensex index touched an all-time high of 47,406.72 in early trade. Domestic share markets scaled new peaks on Monday tracking gains in Asian equities, as investors remained optimistic about COVID-19 vaccines and US President Donald Trump s approval of a pandemic relief package aided risk sentiment globally. The S&P BSE Sensex index jumped 433.18 points, or 0.92 per cent, to an all-time high of 47,406.72 during the session, and the broader NSE Nifty 50 benchmark gained 136.05 points, or 0.99 per cent, to an all-time high of 13,885.30 during the session. Gains across most sectors led by banking, financial services, automobile and metal shares backed the upmove
Tata Motors, Sun Pharma and Axis Bank were the top Nifty gainers.
Domestic stock markets extended gains to a third straight day on Thursday, tracking strength across Asian equities amid optimism on more fiscal spending in major economies and expectations that COVID-19 vaccines will become more available next year. The S&P BSE Sensex index rose 609.22 points, or 1.31 per cent, to touch 47,053.40 at the strongest level of the day, and the broader NSE Nifty 50 benchmark climbed to as high as 13,771.75, up 170.65 points, or 1.25 per cent, from its previous close. (Also Read: All You Need To Know About Mrs Bectors Listing And Other Stocks To Watch Today)
Stock Market Updates: Gains in financial, IT and auto shares supported the markets.
Domestic stock markets continued to rise for a second straight day on Wednesday tracking broader gains in Asian equities, as investors weighed the prospect of COVID-19 vaccines against more stimulus measures in major economies. The S&P BSE Sensex index jumped 506.63 points, or 1.10 per cent, to touch 46,513.32 at the strongest level of the day, and the broader NSE Nifty 50 benchmark climbed to as high as 13,619.45, up 153.15 points, or 1.14 per cent, from its previous close. Strong buying interest across sectors, led by financial, IT and automobile shares, pushed the markets higher.
Stock Market Updates: Gains in IT and pharma shares aided the bounce-back in the markets. Domestic stock markets rose around 1 per cent in a volatile session on Tuesday, gaining some ground a day after the news of fresh lockdowns in the UK to curb the spread of a new strain of coronavirus spooked investors. The S&P BSE Sensex index jumped more than 450 points to touch 46,023.52 at the strongest level of the day, and the broader NSE Nifty 50 benchmark added more than 100 points to as high as 13,466.55. Gains in IT, pharmaceutical and energy shares aided the bounce-back in the markets.
Tata Motors, ONGC and GAIL were the top laggards in the Nifty basket of shares.
Highlights
New coronavirus strain is said to beup to 70%more transmissible
All 50 shares in Nifty basket fall, with Tata Motors, ONGC worst hit Domestic stock markets suffered their worst single-day loss in more than seven months on Monday tracking a selloff across global equities over fears of a new coronavirus strain that shut much of the United Kingdom. The Sensex index dropped 2,037.61 points, or 4.34 per cent, to 44,923.08 at the weakest level of the day, and the broader Nifty benchmark tanked to as low as 13,131.45, falling 629.1 points, or 4.57 per cent, from its previous close. A selloff across sectors led by banking, financial services, automobile and metal shares dragged the markets lower.