Sensex Jumps Over 150 Pts To Fresh High; Nifty Crosses 15,900
- ByStartupStory | June 28, 2021
Equity benchmarks Sensex and Nifty started with fresh intra-day records in opening trade on Monday, high gains in heavyweights Reliance Industries, HDFC and ICICI Bank. After touching a lifetime high of 53,126.73, the 30-share BSE index was trading 142.85 points or 0.27 per cent higher at 53,067.89 in initial deals.
Similarly, the broader NSE Nifty was trading 42.25 points or 0.27 per cent higher at 15,902.60. It touched a lifetime intra-day peak of 15,915.65 in the opening session. Asian Paints was the top gainer in the Sensex pack, rising over 1 percent, followed by Dr Reddy’s, Axis Bank, NTPC, Sun Pharma, Kotak Bank, Reliance Industries and ICICI Bank.
On the other hand, Titan, UltraTech Cement, TCS, Bharti Airtel and L&T were among the laggards. According to Binod Modi Head-Strategy at Reliance Securities, domestic markets look modestly good as of now. “A sharp fall in daily caseload and satisfactory ramp up in vaccination process overshadowed concerns emerging from higher crude prices and weakening rupee,” he said, adding that better-than-expected 4QFY21 earnings performance of companies has also supported the market’s uptick.
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