Sustained buying in banking names ensured that the market ended at record closing highs. The Bank Nifty too managed to end at an all-time closing high and above 28,000 for the first time ever. The 50-share index managed to end at 11,450-mark, a fresh milestone for the index.
Barring automobiles and pharmaceuticals, majority of sectoral indices ended in the green, with maximum gains in energy as well as banks. Meanwhile, midcaps had a tepid day as they underperformed benchmarks to close flat with a negative bias.
Reliance Industries and ONGC were the top gainers, while Maruti Suzuki, Vedanta and Lupin lost the most.
The Sensex closed up 221.76 points or 0.59% at 37887.56, while the Nifty ended higher by 60.50 points or 0.53% at 11450.00. The market breadth was negative as 1,309 shares advanced, against a decline of 1,393 shares, while 146 shares were unchanged.
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Source:https://www.moneycontrol.com/news/business/markets/closing-bell-bulls-in-drivers-seat-sensex-nifty-end-at-record-closing-highs-bank-nifty-above-28k-2818311.html
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