Market Podcast: Sensex, Nifty log record highs, RIL leads gains : Bulletin: Business Today
Business Today
 

Market Podcast: Sensex, Nifty log record highs, RIL leads gains

Loading the player...
Comment

July 12, 2018

The Sensex and Nifty ended at record highs amid upbeat investor sentiments and positive global cues.

While the Sensex closed at record high of 36,548 level, a rise of 282 points, Nifty rose 74 points at 11,023 level.  Sensex hit all-time high of 36,699 intra day after opening at 36,424 level. The index closed at 36,265 level.

The Nifty ended above 11, 000 level for the first time since February 1 and is now 2% away from record highs.

Reliance Industries was the top Sensex gainer after the stock re-entered the $100 billion market capitalisation club after October 2007.

The stock ended 4.42% or 45 points higher at 1082.20 level on the BSE.

TCS which reached its all-time high of 1992 yesterday over strong Q1 earnings succumbed to profit booking and closed 0.43% lower to 1971 level.

However, market breadth was negative with 1153 stocks closing higher compared with 1496 ending in the red on BSE.

More from this section