The day ended with the Bombay Stock Exchange’s (BSE) benchmark 30-share S&P Sensex soaring by 329.89 points (1.57 per cent) to a new record peak of 21,326.42 and the broader 50-issue CNX Nifty of the National Stock Exchange of India (NSE) rising by 104 points (1.66 per cent) to an all-time high of 6,363.90.
The rupee too rallied by 28 paise to end at a two-month high of 61.13 per dollar after coming off from an intra-day four- month high. Sustained capital inflows and firm Asian cues were another reason to keep the market tempo upbeat.
The Sensex resumed with a sharp upside gap of over 420 points and remained in tight range till giving some part of it early gains at the fag end on profit-booking, following weak European cues to settle at historic high of 21,326.42. It also logged its a new intra-day high of 21,483.74.
It extended gains for the third straight session. Previously, it had settled at 21,239.36 -previous peak- on 3 November, 2013 on Muhurat trading. Similarly, the CNX Nifty surpassed its previous high of 6,317.35 registered on 3 November, 2013. The index touched an intra-day peak of 6,415.25.
Buying was seen across the spectrum, with 11 of the 12 BSE sectoral indices indices closing higher between 0.17 and 3.14 per cent with capital goods, banking, realty and refinery segments taking the lead while only consumer durable index closed in the red. On the BSE, as many as 1,310 stocks ended with losses while 1,201 stocks finished with gains while 179 ruled steady. Total turnover rose to Rs 2,223.88 crs from Rs 1,846.02 crore on last Friday.
The rupee too rallied by 28 paise to end at a two-month high of 61.13 per dollar after coming off from an intra-day four- month high. Sustained capital inflows and firm Asian cues were another reason to keep the market tempo upbeat.
The Sensex resumed with a sharp upside gap of over 420 points and remained in tight range till giving some part of it early gains at the fag end on profit-booking, following weak European cues to settle at historic high of 21,326.42. It also logged its a new intra-day high of 21,483.74.
It extended gains for the third straight session. Previously, it had settled at 21,239.36 -previous peak- on 3 November, 2013 on Muhurat trading. Similarly, the CNX Nifty surpassed its previous high of 6,317.35 registered on 3 November, 2013. The index touched an intra-day peak of 6,415.25.
Buying was seen across the spectrum, with 11 of the 12 BSE sectoral indices indices closing higher between 0.17 and 3.14 per cent with capital goods, banking, realty and refinery segments taking the lead while only consumer durable index closed in the red. On the BSE, as many as 1,310 stocks ended with losses while 1,201 stocks finished with gains while 179 ruled steady. Total turnover rose to Rs 2,223.88 crs from Rs 1,846.02 crore on last Friday.