Sensex, Nifty Clock Record Closing Highs For Fifth Day In A Row Analysts say some profit-booking in financial stocks caused volatility but overall sentiment in markets remained optimistic on COViD-19 vaccines
Updated: December 18, 2020 3:33 pm IST
The S&P BSE Sensex index gave up half of initial gains after crossing 47,000 for the first time. Domestic stock markets registered record highs for a fifth straight day on Friday, with the S&P BSE Sensex index crossing the 47,000 mark for the first time ever. The Sensex gained 135.68 points, or 0.29 per cent, to touch 47,026.02 during the session, and the broader NSE Nifty 50 benchmark added 32.15 points to 13,772.85 both all-time highs. Analysts say some profit-booking in financial stocks caused volatility but the overall sentiment in the markets remained optimistic on COViD-19 vaccines amid record foreign fund inflows.
Gains in financial and pharma shares supported the markets.
Domestic share markets clocked fresh record highs on Thursday as investors remained optimistic on COVID-19 vaccines and a fast global recovery after months of pandemic-caused slowdown. The S&P BSE Sensex index jumped 326.11 points, or 0.70 per cent, to touch 46,992.57 at the strongest level of the day, and the broader NSE Nifty 50 benchmark added 90.55 points, or 0.66 per cent, to 13,773.25 both all-time highs. Gains in financial and pharmaceutical shares supported the gains, however losses in metal shares limited the upside. (Track Sensex, Nifty Here)
The Sensex ended 223.88 points, or 0.48 per cent, higher at 46,890.34 while the Nifty settled at 13,740.70, up 58.00 points, or 0.42 per cent, from its previous close. Those were the highest closing levels for both indices.
Stock Market Updates: Gains across auto, metal and pharma shares supported the markets.
Domestic stock markets soared to record highs on Wednesday amid gains across Asian equities on optimism around coronavirus vaccines and hopes of more US fiscal stimulus. The S&P BSE Sensex index jumped 441.8 points, or 0.95 per cent, to touch an all-time high of 46,704.97 during the session, and the broader NSE Nifty 50 benchmark climbed to a record high of 13,692.35. Gains across automobile, metal and pharmaceutical shares supported the surge.
The Sensex ended 403.29 points, or 0.87 per cent, higher at 46,666.46 and the Nifty added 114.85 points, or 0.85 per cent, to its previous close to settle at 13,682.70 both record closing highs.
Stock Market Updates: Weakness across sectors dragged the markets lower. Domestic stock markets recovered all of the day s losses to end flat on Tuesday, as investors weighed concerns about still increasing COVID-19 infections and lockdowns against the prospect of the rollout of coronavirus vaccinations. The S&P BSE Sensex index dropped by as many as 383.6 points or 0.83 per cent to 45,869.86 during the session, and the broader NSE Nifty 50 benchmark slid to as low as 13,451.30 down 106.85 points or 0.79 per cent from its previous close, before recovering in the last few minutes of trade.
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Stock Market Updates: Banking and metal shares led gains across sectors. Domestic stock markets scaled new record peaks on Monday amid gains across most sectors, as investors remained optimistic about a recovery from the coronavirus pandemic-caused slowdown. The Sensex index rose 274.33 points, or 0.60 per cent, to touch 46,373.34 at the strongest level during the session, and the broader NSE Nifty 50 benchmark climbed up as much as 83.65 points, or 0.62 per cent, to 13,597.50 both all-time highs.
Here are 10 things to know:
The Sensex ended 154.45 points, or 0.34 per cent, higher at 46,253.46, and the Nifty settled at 13,558.15, up 44.30 points, or 0.33 per cent, from its previous close. (Track Sensex, Nifty Here)