Nifty, Sensex trending higher – Weekly closing report
Moneylife Digital Team / IANS
0
We had mentioned in last week’s closing report that Nifty, Sensex continue to cruise higher. The major indices continued its rally and ended with major gains.
On Monday, the major indices crashed on concerns over a new strain of the Covid-19 virus in the United Kingdom leading to fresh restrictions in European countries which spooked global investors, plunging India's stock markets deep into the red. On the NSE, there were 254 advances, 1,687 declines and 299 unchanged.
Mahindra and Mahindra announced that it will increase the price of its farm equipment sector tractors models from 1 January 2021 due to the increase in commodity prices.