Sensex, Nifty end at fresh closing high; IT, realty stocks charge ahead
HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers
 "MARKET LIVE: Sensex, Nifty, wipro, infosys, jerome powell, zomato, adani")
Stock market updates: Market bulls lifted indices to fresh record highs on Thursday as investors bought realty and IT stocks. The frontline S&P BSE Sensex index ended at new closing peak of 53,159 levels, up 255 points or 0.48 per cent while the Nifty50 index shut shop at 15,924-mark, up 74 points or 0.47 per cent. Earlier in the day, the Sensex scaled new lifetime of 53,266 and the Nifty touched 15,952.
HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers on the 50-share index while ONGC (down 4 per cent), Eicher Motors, Coal India, Bharti Airtel, and Grasim Industries settled as top laggards.
In the broader markets, the BSE MidCap and SmallCap indices added 0.3 per cent and 0.4 per cent, respectively. Sectorally, the Nifty Realty index spurted 4.5 per cent, followed by the Nifty IT index, up 1 per cent.
4:07 PM
CLOSING COMMENTS :: S Ranganathan, Head of Research at LKP Securities
As Global Investors digest inflation data and the FED commentary, Dalal Street Bulls were seen betting on economic recovery as IT stocks continue to power the Indices to new highs. Markets seemed in no mood to oblige investors waiting on the sidelines for a correction as sector rotation played it's part today as Capital Goods made a smart comeback across market capitalisation. The broader market was buzzing with action across Cement, Real Estate & Pharma names.
4:01 PM
MARKET VIEW :: Vinod Nair, Head Of Research at Geojit Financial
Indian indices extended its gains to all-time high supported by positive Asian market and rally in Reality, IT, Financials and Metals stocks, in anticipation of robust Q1 earnings & recovery in demand. Asian markets were positive as China reported better than forecasted economic data and the global market was boosted by the accommodative stance in the Fed official’s statement, reducing risk of change in rates.
3:59 PM
Emkay Global vaults 14%
>> Stock hit 2-year high in intraday
3:50 PM
Kitex snaps 6-day winning run, ends 10% lower
3:49 PM
LTTS jumps 19% post June quarter show
3:48 PM
Wipro ends 2.5% higher ahead of Q1 numbers
3:47 PM
BSE Midcap index adds 0.31%
> Here are the top gainers & losers from the pack
3:46 PM
BSE Smallcap index gains 0.43%
>> It hit record high of 26422.78 in intra-day today
3:42 PM
Advance-decline ratio at 1:1
3:41 PM
Sector Check :: Realty, IT sectors shine
Topics : MARKET LIVE Markets Wipro results Wipro Infosys Infosys results Q1 results BSE NSE Nifty50 S&P BSE Sensex Markets Sensex Nifty SGX Nifty MARKET WRAP
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First Published: Jul 15 2021 | 8:02 AM IST