Homemarket News

    Closing bell: Sensex ends above 51,000 for first time ever; Nifty settles above 15,000

    Closing bell: Sensex ends above 51,000 for first time ever; Nifty settles above 15,000

    Closing bell: Sensex ends above 51,000 for first time ever; Nifty settles above 15,000
    Profile image

    By CNBCTV18.com  IST (Updated)

    Mini

    The Indian benchmark indices, Sensex and Nifty ended at record high levels on Monday led by strong gains in auto and metal stocks amid positive global cues.

    The Indian equity market ended at a record high level on Monday led by strong gains in auto and metal stocks amid positive global cues. The Sensex ended 617.14 points, or 1.22 percent, higher at 51,348.77, while the Nifty gained 191.55 points, or 1.28 percent to close at 15,115.80.
    Broader markets, Nifty Smallcap100 and Nifty Midcap100 supported the rally by gaining more than 1.5 percent each.
    Barring Nifty PSU Bank and Nifty FMCG, all other sectoral indices ended in the green with Nifty Auto and Nifty Metal rising over 3 percent each. On the Nifty, M&M, Tata Motors, Hindalco, Shree Cement and JSW Steel were the top index gainers, while Britannia Industries, Hindustan Unilever, Kotak Mahindra Bank, Divi's Laboratories and Bajaj Finance were the top losers.
    Mahindra and Mahindra (M&M) was the top gainer in the Sensex pack, soaring around 7 percent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank.
    On the other hand, HUL, Kotak Bank, Bajaj Finance and ITC were among the laggards. According to Binod Modi, Head-Strategy at Reliance Securities, domestic equities remained in the grip of bulls with benchmark indices extending gains for the sixth consecutive day.
    ”Improved prospects of sustained economic recovery on the backdrop of a sharp increase in capital expenditures and bold reform measures have emboldened investors. While global equities remained favourable today, benchmark index Nifty and Sensex recorded fresh all-time highs,” he said.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    arrow down

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng