Riding on a surge in RIL shares, the BSE benchmark Sensex on Monday ended 63 points higher at 20,101.82 points to complete three-days of gains, amid positive trends in European markets.
The BSE 30-share Sensex resumed higher and moved in a positive terrain of over 100 points before settling 62.78 points higher at fresh two-year high of 20,101.82. The last time the index settled at this level was on since 6 January 2011. In the previous two days, it had gained over 221 points.
The broad-based S&P CNX Nifty of the NSE also improved by 17.90 points to end at 6,082.30. . 'While the undertone remains bullish, indices appear to be consolidating...Corporate results have brought in some cheer, but the movement seems restricted to select counters only,' said Amar Ambani, Head of Research, IIFL.
Reliance Industries (RIL) with a spurt of 2.35 per cent was the top gainer from the Sensex pack after the company announced 24 per cent jump in the October-December profit.
The BSE 30-share Sensex resumed higher and moved in a positive terrain of over 100 points before settling 62.78 points higher at fresh two-year high of 20,101.82. The last time the index settled at this level was on since 6 January 2011. In the previous two days, it had gained over 221 points.
The broad-based S&P CNX Nifty of the NSE also improved by 17.90 points to end at 6,082.30. . 'While the undertone remains bullish, indices appear to be consolidating...Corporate results have brought in some cheer, but the movement seems restricted to select counters only,' said Amar Ambani, Head of Research, IIFL.
Reliance Industries (RIL) with a spurt of 2.35 per cent was the top gainer from the Sensex pack after the company announced 24 per cent jump in the October-December profit.