Sensex, Nifty close higher for sixth straight session: Five factors behind the rally
Sectorally, except for FMCG and PSU Bank, all the indices closed in green territory, with over 3% rise in auto and media index, followed by 2% rise in IT and realty index
BusinessToday.In | February 8, 2021 | Updated 19:28 IST
Buying triggered by budget 2021 and RBI s policy stance helped the market cap reach a record closing high of Rs 202 lakh crore today
Equity benchmark indices closed at record highs on Monday, in line with positive global equities. Gaining for the sixth straight session, BSE 30 share barometer Sensex closed 617 points higher at 51,348. Similarly, Nifty gained 191 points to end at 15,115. Both benchmarks hit fresh lifetime highs of 51,523 and 15,159 earlier today. On Friday, Sensex ended 117 points higher at 50,723 and Nifty gained 28 points to 14,924. During last week, Sensex rose 4,445 points or 9.6% and Nfty gained 1,293 points or 9.49%.