Sensex, Nifty’s Record Run Continues; Nifty Bank Gains 1,000 Points
The BSE building is illuminated during a special holiday trading session on the occasion of Diwali in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Sensex, Nifty’s Record Run Continues; Nifty Bank Gains 1,000 Points

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Closing Bell: Day 7 Of Gains

Indian equity markets continued their record-breaking run, extending their winning streak for the seventh straight day, ending at another record high.

The S&P BSE Sensex ended 1.6% higher, above the mark of 43,000 for the first-time. The index closed at 43,277. The NSE Nifty 50 index ended above the mark of 12,600 - up 1.36% at 12,631. 32 out of the 50 index constituents ended with gains.

The Nifty Bank ended at its highest level since March, ending 1,071 points or 3.9% higher at 28,606. The index has gained 4,700 points in the last seven trading sessions.

Also among the gains was the PSU Bank index, which ended with gains of 3.7%. The Nifty Realty ended 2% higher while the Nifty Media index gained 1%.

The only underperformers in today's session were Nifty I.T. and Nifty Pharma, as investors chose to take profits off the table from defensives into more economy-oriented sectors. The Nifty I.T. index ended 3.9% lower while the Pharma index fell 4.3%. All the respective index constituents ended with losses.

Broader markets underperformed in today's session. The Nifty Midcap index ended 0.3% higher while the Smallcap index ended little changed.

India Volatility Index ended 7.3% higher at 21.57.

1,016 stocks on the NSE posted losses while 857 ended with gains.

How Did The Sectoral Indices Fare

All Stocks Of Pharma Index Decline

Sensex, Nifty’s Record Run Continues; Nifty Bank Gains 1,000 Points

M&M Q2 Fineprint

I.T. Index Falls Most In Two Months

Sensex, Nifty’s Record Run Continues; Nifty Bank Gains 1,000 Points
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