Mumbai: Despite high volatility, the BSE Sensex on Thursday finished at a new peak at 50,614.29
surging by 358.54 pts following gains in SBI, ONGC, M & M and Bajaj finance stocks.
The Nifty too gained by 105.70 pts to 14,895..65.
The equity market remained on top on consistent FII buying, and anticipating status-quo in the Reserve Bank of India’s February monetary policy, due on Friday, kept optimism intact in the markets.
Investor wealth reached new pinnacle today as market capitalisation of all the firms listed on the BSE hit Rs 200-trillion milestone. The day ended with an aggregate m-cap of Rs 200.5 trillion.
The day opened on a weak note as the Sensex fell by 43 pts to 50,212.25 pts. It further dropped by 329 pts to 49,926.45 pts, days low.
Later, it bounced back nearly 432 pts to 50,687.51, days high before closing at 50,614.29,0 up by 358 pts from its previous close
The sensex registered days high and low at 50,687.51 and 49,926.45 pts respectively.
The Nifty recorded days high and low at 14,913.70 and 14,714.75 pts.
The sectoral indices like Power, FMCG, Metal, Bankex and Finance kept the market firm today.
In scrips, ITC, SBI, Bajaj finance and ONGC gained while Asian Paints, Indusind Bank, Bharti Airtel and Tech Mahindra slipped during the day.