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Sensex, Nifty scale new peaks

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MUMBAI: The bull run continued for the ninth straight day with the benchmark indices — Sensex and Nifty — scaling new peaks, aided by auto and bank stocks, even though the biggest heavyweight Reliance lost value for the second day in a row. The nine-day winning streak since September 18 has seen a rise of 1787 points for the Sensex — the highest ever gain in straight trading sessions.

The Bombay Stock Exchange’s 30-share barometer index settled up by 140.54 points at a new closing high of 17291.10, after scaling an intra-day peak of 17361.47 earlier in the day. The National Stock Exchange’s Nifty also closed at a new peak of 5021.35 from the previous close of 5000.55, a net gain of 20.80 points, after touching a fresh all-time intra-day high of 5055.80. Buying activity gathered momentum during the midsession as bulls dominated the market, stepping up activity. — PTI


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