: Sensex crosses 48,000 mark for the first time, Nifty ends over 14,000 as India approves vaccines #IndiaNEWS Indian markets hit record highs on Monday morning to start the first trading week of the

@IndiaNEWS

Posted in: #IndiaNEWS

Sensex crosses 48,000 mark for the first time, Nifty ends over 14,000 as India approves vaccines #IndiaNEWS
Indian markets hit record highs on Monday morning to start the first trading week of the new year as the country’s drug regulator approved two coronavirus vaccines for emergency use, pushing investor sentiment.At 9.45 am, the S&P BSE Sensex rose 0.46% to 48,091.27, while the NSE Nifty 50 index jumped 0.57% to 14,098.40. In the early trade, all the sectoral indices traded in the green, led by gains in banking, financial services, automobile and IT shares. This was the first time that the Sensex hit the 48,000-mark.On Monday evening, the Sensex closed at 48,176.80 – 307.82 points (or 0.64%) higher than the previous closing, and the Nifty 50 ended the day at 14,132.90 – 114.40 points (or 0.82%) higher.In early trade, Tata Motors was the biggest percentage gainer on the Nifty 50, rising 2.57% after the company on Friday reported a 21% rise in December domestic sales. Gas Authority of India Limited, Tata Steel, Eicher Motors and Oil and Natural Gas Corporation Limited, were trading between 1.82% and 3.11% higher and among the other top gainers in the Nifty basket of 50 shares.On the other hand, Reliance Industries, Hero MotoCorp and Asian Paints were the only ones to trade in the red. At the end of the trading day, top gainers...Read more

Stock Market NEWS Best intraday tips Intraday Stocks below 100

Share & Forward! Do Not Share

0 Reactions   React

Replies (0) Report

Login to post a comment!