Nifty, Sensex end at all-time highs on financials boost reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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Nifty, Sensex End At All-Time Highs On Financials Boost
The Nifty rose 0.9% to 13,873.20, gaining for a fourth straight session, while the benchmark Sensex closed 0.81% higher at 47,353.75.
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Indian shares closed at record highs on Monday, driven by gains in private-sector lenders, as global sentiment improved after U.S. President Donald Trump approved a pandemic relief package.
The Nifty rose 0.9% to 13,873.20, gaining for a fourth straight session, while the benchmark Sensex closed 0.81% higher at 47,353.75.
Both the Nifty and Sensex have gained about 7% so far in December.
Global shares also advanced, with the MSCI world index firming 0.3% as Trump signed into law a $2.3 trillion spending package.
Closing Bell: Nifty, Sensex end at all-time highs on financials boost
Global shares also advanced, with the MSCI world index firming 0.3 per cent as Trump signed into law a $2.3 trillion spending package. Both the Nifty and Sensex have gained about 7 per cent so far in December. (File photo)
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Updated: Dec 28, 2020, 04:33 PM IST
Indian shares closed at record highs on Monday, driven by gains in private-sector lenders, as global sentiment improved after US President Donald Trump approved a pandemic relief package.
The Nifty rose 0.9 per cent to 13,873.20, gaining for a fourth straight session, while the benchmark Sensex closed 0.81 per cent higher at 47,353.75.
Sensex, Nifty set to snap six sessions of gains as banks decline reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
2 Min Read
BENGALURU, Dec 21 (Reuters) - Indian shares slipped in early trade on Monday and were set to snap six sessions of gains as banking stocks declined, although losses were capped by a rise in Reliance Industries Ltd.
The NSE Nifty 50 index fell 0.49% to 13,692.40 by 0348 GMT, while the benchmark S&P BSE Sensex was down 0.43% at 46,766.44.
Both the indexes have posted seven straight weekly gains, driven by progress on COVID-19 vaccines and signs of global economic recovery.
Dragging the market on Monday, the Nifty PSU Bank index fell as much as 2.07%, with Canara Bank Ltd falling 3%.
However, shares of India’s most valuable company, Reliance Industries Ltd, rose as much as 1.27% after it announced on Friday with BP Plc the start of production from the R Cluster - an ultra-deepwater gas field in the KG D6 block off the east coast of India.