Sensex rallies 453 points to new peak, Nifty claims 18,100 level

Sensex jumped 453 points to touch a new closing high of 60,737 on Wednesday.

PTI, Oct 13, 2021, 6:03 PM IST

New Delhi: Equity benchmark Sensex soared 453 points to touch a new closing high of 60,737 on Wednesday, tracking gains in index heavyweights Reliance Industries, ITC and Infosys amid a positive trend in global markets.

After scaling a record peak of 60,836.63 during the session, the 30-share Sensex settled 452.74 points or 0.75 per cent higher at 60,737.05, taking its winning run to the fifth consecutive day. Similarly, the Nifty rallied 169.80 points or 0.94 per cent to 18,161.75. It touched an intra-day record of 18,197.80.

M&M was the top gainer in the Sensex pack, zooming over 5 per cent, followed by PowerGrid, ITC, L&T, Tech Mahindra, Titan and Tata Steel.

On the other hand, Maruti, HUL, Nestle India, Axis Bank and SBI were among the laggards.

“Domestic equities remained steady and witnessed sharp up-move with benchmark Nifty and Sensex recording fresh all-time highs amid mixed cues from global equities,” said Binod Modi, Head Strategy at Reliance Securities.

Sustained rebound in financials and Reliance Industries supported broader indices. Tata Group stocks were in focus especially Tata Motors after company announced USD 1 billion investment from TPG in Electric Vehicle division valuing EV business strong at USD 9.1 billion

Elsewhere in Asia, bourses in Shanghai and Seoul ended with gains, while Tokyo was in the red.

Stock exchanges in Europe were also trading on a positive note in mid-session deals. Also Read: Salman Khan announces his NFT collection: Twitter reacts to possibility of ‘bhaicoin’

Meanwhile, international oil benchmark Brent crude fell 0.54 per cent to USD 82.97 per barrel.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Drugs worth Rs 6 crore seized in Bengaluru, five arrested

Siddaramaiah urges Nirmala Sitharaman to address NABARD’s loan cuts to farmers

Karnataka HC denies anticipatory bail to Prajwal Revanna in sexual harassment case

Delhi court stays defamation case against CM Atishi

Awards don’t create value for independent films in India: Manoj Bajpayee

Public Alert: Cyber fraudsters impersonating traffic police to demand fines

UP: 25 people booked for attacking civic officials for encroachment removal

Related Articles More

Sony India bags ACC media rights for eight years

Musk says X now top news app on App Store in India

Air India to offer integrated aircraft maintenance engineering programme

Markets stage sharp recovery; Sensex reclaims 79k level, Nifty surges 557.35 points

Baku climate talks: The ‘X’ factor that could determine future of Global South

MUST WATCH

Christmas Cake Fruit Mixing

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation


Latest Additions

Air pollution: SC flags Delhi govt’s failure to implement GRAP-4 curbs on entry of trucks

Drugs worth Rs 6 crore seized in Bengaluru, five arrested

Siddaramaiah urges Nirmala Sitharaman to address NABARD’s loan cuts to farmers

Satwik-Chirag enter semifinals, Lakshya loses to Antonsen in China Masters

BJP stages protest against Congress govt in Karnataka over Waqf properties row

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.