Thursday, 20 January 2022

 

 

LATEST NEWS Indian-American golfer Akshay Bhatia wins The Bahamas Great Exuma Classic Alia Bhatt-led playwear-for-children launches 'Buy1Give1' initiative Google launches beta of Android games on Windows PCs SA v IND: There were no centuries and big partnership : Shikhar Dhawan Australian Open: Rublev cruises into third round, to clash with Croatia's Cilic Parineeti Chopra is grateful to directors who have brought the best out of her Meera Jasmine opens Instagram account, posts still from comeback movie 'Makal' Balakrishna's 'Akhanda' completes 50 days in theatres successfully Australian Open: Contrasting wins for Swiatek and Sabalenka in Round 2 Andrew Garfield says Heath Ledger was a 'gift to the world' IANS Review: 'Mission Frontline 2': Artfully photographed and notches better than its previous edition IANS Review: 'Bhaukaal 2': An inspiring web series despite oodles of violence and tragedies BCCI committee recommends Ahmedabad, Kolkata as venues for WI ODIs, T20Is For us, the Cricket World Cup is an Olympics event: Jhulan Goswami on her elusive dream Mahesh's next film 'Yevaal' a romantic psychological thriller 'Parasite' director, Robert Pattinson team up for sci-fi movie Shaheer Sheikh's father dies of Covid; 'stay strong', says Aly Goni U19 CWC: India captain Nishant Sandhu happy with performances despite COVID-19 scare Australian Open: Top-10 seeds Muguruza and Kontaveit eliminated in second round 2 crore jobs a year was 'jumla' for Modi govt: Kapil Sibal U19 CWC: Australia, Scotland captains reflect on positives from their Group D match

 

Equity markets close at record high levels; Sensex above 56K mark

Sensex, Mumbai, BSE, Nifty, Shares, National Stock Exchange, Stock market

Web Admin

Web Admin

5 Dariya News

Mumbai , 27 Aug 2021

Healthy buying in metal and pharma stocks as well as positive Asian cues lifted India's equity markets to close at record high levels on Friday.Initially, the two key indices opened flat, but soon sold off in the first few minutes of trade. They later recovered on the back of healthy gains in metals and pharma stocks.Globally, Asian shares were set for their best week since February on Friday as Chinese markets cheered a burst of central bank liquidity.However, European stocks were flat on Friday ahead of US Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium that could offer hints on the timeline for slowing of its bond purchases programme.Sector-wise, capital goods, power, metals and healthcare stocks gained the most.Consequently, the S&P BSE Sensex ended the day's tarde at 56,124.72, higher by 175.62 points or 0.31 per cent from its previous close.

Similarly, the NSE Nifty50 too closed higher, rising to 16,705.20, up by 68.30 points or 0.41 per cent from its previous close."Nifty reversed early weakness to end at record high level. Nifty opened flat, but sold off in the first few minutes of trade," said Deepak Jasani, Head of Retail Research, HDFC Securities."After making an intra-day low at 9.30 am, it began to rise gradually. Broader markets outperformed as the BSE Midcap index closed with a gain of 1.04 per cent while the smallcap index rose 0.93 per cent," he added.Geojit Financial Services' Research Head Vinod Nair said: "Indian benchmark indices remained in the positive territory even as global markets traded mixed as investors awaited announcements from the Jackson Hole Economic Symposium."Mid and small-cap stocks continued their outperformance while recovery in the metal and pharma sectors guided them to be the sectoral leaders. Globally, markets are awaiting comments from the Fed chair on the US economy and clarity on its future policy changes."

 

Tags: Sensex , Mumbai , BSE , Nifty , Shares , National Stock Exchange , Stock market

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD