Market extends gains to fifth consecutive session; Nifty Bank touches record high
Sensex closed the day at 79,408.50, up 855 points, or 1.09%, while the Nifty 50 ended at 24,125.55, up 274 points, or 1.15%.
Sensex closed the day at 79,408.50, up 855 points, or 1.09%, while the Nifty 50 ended at 24,125.55, up 274 points, or 1.15%.
At close, the Sensex was up 1,508.91 points or 1.96% at 78,553.20, and the Nifty was up 414.45 points or 1.77% at 23,851.65.
At close, the Sensex was up 309.40 points or 0.40% at 77,044.29, and the Nifty was up 108.65 points or 0.47% at 23,437.20.
BSE Midcap and smallcap indices rose 3% each. India VIX, the measure of volatility in the market, ended the session 19% lower.
India’s frontline equity indices on Tuesday surged in a massive bull rally in the early trade, as positive global cues improved investors' sentiment.
Both the Sensex and Nifty hit their all-time high. Sensex hit its fresh all-time high of 77,366.77 during the session while the Nifty 50 hit its fresh all-time high of 23,579.05.
The Life Insurance Corporation of India (LIC) emerged as the biggest gainer, in-line with positive trend in equities.
Sensex opened higher at 76,912.38, and pared some of its gains to close at 76,992.77, up 181.87 points, or 0.24%. The index touched an intraday high of 77,081.30.
Sensex opened at a record high of 77,102.05, and pared some gains to close at 76,810.90, up 204.33 points, or 0.27 per cent. The index surged to create a fresh all-time high of 77,145.46.
Sensex opened at 76,680.90 and closed at 76,456.59 falling prey to profit booking. The index rose about 370 points to hit its intraday high of 76,860.53.