The market ended at new record closing high on Friday
following further fall in crude oil prices after the OPEC decided not to cut
output. Hopes of rate cut or indication of rate cut in monetary policy on
December 2 also pushed market higher. The Sensex rose 255.08 points or 0.90
percent to close at 28693.99 and the Nifty climbed 94.05 points or 1.11 percent
to 8588.25.
The barometer index, the S&P BSE Sensex, was currently was up 332.71 points or 1.17% at 28,771.62. Overnight steep slide in global crude oil prices triggered fresh rally in benchmark indices today, 28 November 2014. The market breadth indicating the overall health of the market was positive. The CNX Nifty was up 115.30 points or 1.36% at 8,609.50. The index hit a high of 8,617 in intraday trade, a record high for the index. The index hit a low of 8,516.25 in intraday trade.
The barometer index, the S&P BSE Sensex, was currently was up 332.71 points or 1.17% at 28,771.62. Overnight steep slide in global crude oil prices triggered fresh rally in benchmark indices today, 28 November 2014. The market breadth indicating the overall health of the market was positive. The CNX Nifty was up 115.30 points or 1.36% at 8,609.50. The index hit a high of 8,617 in intraday trade, a record high for the index. The index hit a low of 8,516.25 in intraday trade.
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The FIIs were net buyers of Rs 389.73 cr in the cash segment on Thursday while the DIIs were net sellers of Rs. - 336.85 cr, as per the provisional figures released by the NSE.
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