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Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%

CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,701, and the Nifty 50 registered a fresh summit at 18,614 on Monday

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SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

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CLOSING BELL

HIGHLIGHTS: 
Following the footsteps of the S&P BSE Sensex, the 50, too, vaulted to a new life-time high in trades on Monday. The registered a summit at 18,614 led by strong gains in index heavyweight Reliance Industries. 

The 50, however, pared some of its gains and ended at a record closing high of 18,563, up 50 points.

Meanwhile, the Sensex registered a fresh all-time high for the third straight trading session. The index hit a high of 62,701, and eventually settled 211 points higher at 62,505.

Among the Sensex 30 shares, Reliance Industries surged 3.4 per cent to Rs 2,706. The stock traded at its highest level since June 2022. READ MORE

That apart, Nestle India, Asian Paints, Bajaj Finserv, and ICICI Bank were the notable gainers among the Sensex 30 shares. On the flip side, Tata Steel, HDFC Bank, and Bharti Airtel slipped over a per cent each.
 
Primary Market Update: 

Dharmaj Crop Guard IPO sailed through on Day 1 of the offer period. The Rs 251.15 crore compromising of nearly 10.60 million shares was subscribed up to 1.21 times as of 03:40 PM. The retail investors portion was subscribed 1.87 times, while the QIBs and HNI quotas received bids up to 35 per cent and 80 per cent, respectively.
 

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First Published: Mon, November 28 2022. 08:19 IST