Mumbai: On the basis of continued buying in banking and financial companies, the BSE Sensex rose by about two hundred and fifty points to a new historical level of 53,129.37 points during trading today, although at the end of the day, 18.82 points or 0.04 percent due to the sell-off in the market at the end. Slipped to close at 52,861.18 points.
The Nifty of the National Stock Exchange also fell 16.10 points, or 0.10 per cent, to 15,818.25. It had reached 15,914.20 points in mid-trade, which is its second highest level.
Markets were put under pressure due to fall in giants like Reliance Industries, TCS and Infosys. On the other hand, HDFC Bank, ICICI Bank and other banks and financial companies rose.
BSE Smallcap fell 0.26 per cent to 25,699.97 on profit-booking among smaller companies, while Midcap index of medium companies gained 0.19 per cent to end at 22,627.60 points.
Selling in auto, IT, tech, energy industrials and health group companies. Along with banks and financial companies, the shares of power companies also went up.