Bulls rampaged Dalal Street as market closed at record high
boosted by some heavyweights. The Sensex ended up 522.66 points or 1.8 percent
at 28784.67. The Nifty shut at 8695.60, up 144.90 points or 1.7 percent. About
1568 shares have advanced, 1406 shares declined, and 291 shares were unchanged.
Metal stocks led the rally as key benchmark indices extended gains in mid-afternoon trade. The 50-unit CNX Nifty hit record high. The barometer index, the S&P BSE Sensex, hit its highest level in almost 7 weeks. Shares of index heavyweights ITC, HDFC, Reliance Industries (RIL), Infosys, HDFC Bank and ICICI Bank edged higher. The Sensex was currently up 393.10 points or 1.39% at 28,655.11. The market breadth indicating the overall health of the market was positive. The CNX Nifty was up 109.50 points or 1.28% at 8,660.20. The index hit a high of 8,661.35 in intraday trade, a lifetime high for the index. The index hit a low of 8,574.50 in intraday trade.
Metal stocks led the rally as key benchmark indices extended gains in mid-afternoon trade. The 50-unit CNX Nifty hit record high. The barometer index, the S&P BSE Sensex, hit its highest level in almost 7 weeks. Shares of index heavyweights ITC, HDFC, Reliance Industries (RIL), Infosys, HDFC Bank and ICICI Bank edged higher. The Sensex was currently up 393.10 points or 1.39% at 28,655.11. The market breadth indicating the overall health of the market was positive. The CNX Nifty was up 109.50 points or 1.28% at 8,660.20. The index hit a high of 8,661.35 in intraday trade, a lifetime high for the index. The index hit a low of 8,574.50 in intraday trade.
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