Sensex, Nifty end at new closing high

Mumbai, August 16

Equity benchmarks Sensex and Nifty raced to new peaks on Monday on account of healthy buying in heavyweights Reliance and HDFC twins, IT and pharma shares.

At the closing bell, the BSE Sensex was quoted higher by 145.29 points at a new closing high of 55,582.58. It also hit a record intra-day high of 55,680.75.

Similarly, the Nifty advanced 33.95 points to mark a fresh closing high of 16,563.05. During the day, it rose to new intra-day peak of 16,589.40.

Tata Steel gains 4%

  • The Sensex gained 145 points to close at a record high of 55,582 while the Nifty rose 34 points to end at a closing high of 16,563.05
  • Tata Steel was the top gainer, rallying 4%, followed by Bajaj Fin, M&M, Bajaj Finserv, RIL

Tata Steel was the top gainer in the Sensex pack, rallying nearly 4%, followed by Bajaj Finance, M&M, Bajaj Finserv and Reliance.

On the other hand, Maruti, Bajaj Auto, Powergrid and UltraTech Cement were among the major laggards.

Sectorally, BSE metal, energy, oil and gas, FMCG and finance indices rose up to 1.79%, while telecom, auto, capital goods and power indices fell up to 0.99%.

Broader midcap and smallcap indices underperformed the benchmark, shedding up to 0.57%. — PTI

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