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- Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%
BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100
Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra
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MARKET LIVE | MARKET WRAP | Markets
SI Reporter |
Last Updated at August 31, 2021 16:12 IST
EVENT HIGHLIGHTS
Stock market updates: Indian equities rose in-line with Asian peers as investors lapped up shares, confident of an ongoing economic recovery and that the Federal Reserve's eventual paring back of its stimulus would not knock asset prices anytime soon.
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The S&P BSE Sensex ended 663 points, or 1.16 per cent, higher at 57,552 levels after hitting an all-time high level of 57,625. The broader Nifty50, meanwhile, scaled mount 17,000 for the first time and extended its gains to hit a new peak of 17,153.5. It eventually ended at 17,130, up 199 points or 1.18 per cent.
Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra. On the downside, Nestle India, Reliance Industries, IndusInd Bank, and Power Grid were the only losers.
The broader markets, meanwhile, underperformed today. The BSE MidCap and SmallCap indices advanced 0.8 per cent each.
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