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- Sebi board may clear decks for FPI entry into commodity derivatives segment
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- Zomato sheds nearly $1 bn in valuation over two days after Blinkit deal
- Time to raise a toast to liquor stocks? Selectively, say analysts
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- MRPL, Chennai Petro soar up to 8% as crude oil prices rebound
Bull run continues; Sensex ends at record peak of 46,666, Nifty tops 13,650
All that happened in today's market
Topics
Markets | Mahindra & Mahindra | Sensex
SI Reporter |
Last Updated at December 16, 2020 16:33 IST
EVENT HIGHLIGHTS
The domestic equity market witnessed yet another strong session on Wednesday amid broad-based buying.
Both the benchmark indices, S&P BSE Sensex and NSE's Nifty, ended at record closing highs. The 30-share index Sensex rallied 403 points, or 0.87 per cent to end at 46,666.46 levels. During the day, the index hit a lifetime high of 46,704.97 levels.
HDFC, HDFC Bank, TCS, Infosys, and Bharti Airtel were the top contributors to the Sensex's gain today.
On the NSE, the broader Nifty50 index closed the day at a record level of 13,682.70, up 115 points, or 0.85 per cent. In the intra-day trade, the index scaled an all-time peak of 13,692.35.
The broader market, too, participated in the rally. The S&P BSE MidCap index ended 0.87 per cent higher at 17,888 levels and the S&P BSE SmallCap index settled at 17,852, up 0.88 per cent.
Among sectoral indices on the NSE, barring Nifty PSU Bank, all other indices advanced. Nifty Realty gained the most - up over 5 per cent to 303.85 levels. Nifty PSU Bank, on the other hand, slipped over 1.6 per cent to 1,803.75 points.
Among individual stocks, the newly-listed Burger King India shares continued to rally. The stock hit the 20 per cent upper circuit limit for the third day in a row. It ended at Rs 199.25 on the BSE.
Among individual stocks, the newly-listed Burger King India shares continued to rally. The stock hit the 20 per cent upper circuit limit for the third day in a row. It ended at Rs 199.25 on the BSE.
Global markets
In Europe, shares extended gains to a third straight session on Wednesday on rising hopes of a Brexit trade deal and the possible roll-out of a Covid-19 vaccine in the continent before the new year.
In commodities, oil prices fell on a surprise gain in crude oil inventories in the United States and on persistent investor worries about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic.
(With inputs from Reuters)
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