On the closing hours of Monday, the BSE Sensex rallied 290 points to end at record closing high of 29,910, while the broader Nifty50 index settled the day at its closing high of 9,238, up 64 points. In the broader market, the BSE Midcap index added 0.6% and the BSE Smallcap indices 1.3%, touching their fresh lifetime highs. Indices registered a sharp rush in the last few hours of trade, taking them at higher.
The market breadth was strong as 2,073 shares rose against a falling of 819 shares, while 125 shares were unchanged.
Dr Reddy’s Lab, L&T and Reliance were the top gainers on both indices, while Wipro Ltd, Bharti Airtel, and BPCL were top losers. Reliance Industries rose up 3.79% at Rs 1,369.20. The stock hit a high and low of Rs 1,380 and Rs 1,332 respectively, in intraday trade today.
Indian rupee has also supported to its highest in nearly 18 months and bonds rallied, with investor sentiment lifted by a growth in foreign investments last month.
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