Sensex hits record high at 52,000, Nifty 50 crosses 15,000 mark reporters@khaleejtimes.com Filed on February 15, 2021
The NSE Nifty 50 index was 0.83 higher at 15,289.75 by 0450 GMT, while the S&P BSE Sensex was up 0.95 at 52,031.87. Both indexes hit record highs in early trading.
Indian shares hit an all-time high on Monday with financial stocks leading broad-based gains, as upbeat corporate earnings raised hopes of a faster economic recovery while buoyant global markets also aided risk sentiment.
India’s main stock indexes have gained 12 per cent so far in February in a rally powered by a high-spending federal budget and stronger-than-expected December-quarter earnings reports from companies.
Sensex spurts to new closing high; Reliance rallies over 4%
PTI/Dubai Filed on February 11, 2021
The 30-share BSE index settled 222.13 points or 0.43 per cent higher at its new closing peak of 51,531.52. Reuters
NSE Nifty advanced 66.80 points or 0.44 per cent to its all-time high of 15,173.30.
Equity benchmarks reversed their two-session slide to finish at fresh closing highs on Thursday, propelled by robust gains in market heavyweight Reliance Industries. Dovish comments from US Federal Reserve Chair Jerome Powell also bolstered global investor sentiment, which augurs well for fund flows into emerging markets like India, analysts said.
Overcoming bouts of mid-session volatility, the 30-share BSE index settled 222.13 points or 0.43 per cent higher at its new closing peak of 51,531.52.
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