share market closing sensex and nifty closed on record high

On Monday, the Sensex rose 154 points to a new high amid a surge in shares of ICICI Bank, L&T and Kotak Bank and a steady flow of foreign funds. The positive trend of global markets also strengthened the perception here. The 30-share BSE Sensex rose to an all-time high of 46,373.34 points on the day. Finally, it closed at 46,253.46, up 154.45 points, or 0.34 per cent, at the end of trading. This is its new record. Similarly, the National Stock Exchange’s Nifty closed at an all-time high of 13,558.15 points, gaining by 44.30 points or 0.33 percent. It also touched a new high of 13,597.50 points during trading.

Among Sensex companies, ONGC shares rose the most by nearly five per cent. Shares of L&T, NTPC, ICICI Bank, Sun Pharma, HCL Tech, Titan and Kotak Bank also gained. On the other hand, shares of Mahindra & Mahindra, Bajaj Auto, Tech Mahindra and Bajaj Finserv declined.

Vinod Modi, strategic head of Reliance Securities, said the domestic market rose to a new record high with the support of public sector banks. Apart from this, the market was also supported by the steady flow of foreign funds. According to provisional data from the stock exchanges, foreign portfolio investors bought shares worth Rs 4,195.43 crore net on Friday last weekend.

Other Asian markets saw gains in China’s Shanghai Composite and Japan’s Nikki. Hangseng in Hong Kong and Cospi in South Korea declined. European markets were in profit in early trade. Meanwhile, global benchmark Brent crude oil futures rose one percent to $ 50.47 a barrel.

The major stock index Sensex gained over 250 points in early trade on Monday due to positive trends from global markets and continued inflow of foreign funds. During this period, the index was backed by large stocks such as ICICI Bank, HDFC and L&T. The Sensex touched an all-time high of 46,373.34 in early trade. The NSE Nifty was up 69.70 points or 0.52 percent at 13,583.55. Earlier, the Nifty touched a high of 13,588.40.

The rupee gained nine paise to close at 73.55 (provisional) per dollar in the interbank foreign exchange market.

The Sensex had gained 139.13 points or 0.30 percent to close at 46,099.01 points in the previous session, while the Nifty rose 35.55 points or 0.26 percent to close at 13,513.85 points.

Foreign portfolio investors (FPIs) on Friday bought shares worth Rs 4,195.43 crore in the capital market on a gross basis, according to provisional data from the stock market. Other Asian markets were bullish in Shanghai, Seoul and Tokyo, while Hong Kong was trading in the red mark. Meanwhile, global oil benchmark Brent crude futures were trading up 0.52 per cent at $ 50.23 a barrel.