Markets

Sensex, Nifty scale fresh lifetime peaks for 2nd straight session

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Nifty scaled its lifetime high.

Market benchmark indices Sensex and Nifty scaled fresh record levels on Tuesday, led by gains in index-heavyweights HDFC, ITC, Axis Bank and TCS.

In a choppy trading session, the 30-share BSE Sensex hit life-time high of 41,994.26 in day trade. It finally settled 92.94 points or 0.22% higher at 41,952.63 — its all-time closing high.

The broader Nifty scaled its lifetime high (intra-day) of 12,374.25, before ending 32.75 points, or 0.27%, higher at 12,362.30, which is a record closing level.

Hero MotoCorp was the top gainer in the Sensex pack, rallying 2.15%, followed by ITC, M&M, Tech Mahindra, Nestle, Axis Bank, NTPC, HDFC and TCS.

On the other hand, IndusInd Bank, RIL, Kotak Bank, SBI, L&T, ONGC and ICICI Bank fell up to 3.85%.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul ended on a mixed note.

Exchanges in Europe were off to a tepid start.

Brent crude oil futures rose 0.16% to USD 64.30 per barrel.

The rupee was trading flat at 70.85 per US dollar (intra-day).

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Printable version | Jan 21, 2020 8:51:31 PM | https://www.thehindu.com/business/markets/sensex-nifty-scale-fresh-lifetime-peaks-for-2nd-straight-session/article30567185.ece

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