Sensex ends at yet another record high, rises 81 pts on selective buying; Nifty tops 9,600

The index has now risen by 807.64 points in three straight sessions

PTI May 29, 2017 17:19:40 IST
Sensex ends at yet another record high, rises 81 pts on selective buying; Nifty tops 9,600

Mumbai: Extending its record-breaking run for the third day, the benchmark Sensex on Monday surged to close at a new life high of 31,109 while the Nifty ended above 9,600 for the first time ever as ample liquidity pushed up buying.

Opening weak, the 30-share Sensex slid below the 31,000 -mark on a string of weak quarterly earnings and hit a low of 30,869.90, but quickly bounced back to reach yet another lifetime high of 31,214.39.

Sensex ends at yet another record high rises 81 pts on selective buying Nifty tops 9600

Reuters

It closed up 81.07 points, or 0.26 percent, at a new peak of 31,109.28, breaching its previous record closing of 31,028.21, reached on 26 May. It also went past previous intra-day record of 31,074.07 scaled on 26 May.

During the session, the Sensex swung almost 345 points both ways. The index has now risen by 807.64 points in three straight sessions.

The broader 50-share NSE Nifty also maintained its bull run and touched a new peak of 9,637.75 (intra-day). It settled higher by 9.80 points, or 0.10  percent, at a new peak of 9,604.90, beating its previous record closing of 9,595.10, recorded on Friday. It also broke the previous intra-day record of 9,604.90 reached on 26 May.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Sensex zooms 290 points, Nifty tops 10,800-mark; metal, banking, capital goods, energy stocks in demand
Business

Sensex zooms 290 points, Nifty tops 10,800-mark; metal, banking, capital goods, energy stocks in demand

On a weekly basis, the Sensex gained 620.41 points, or 1.78 percent, while the Nifty advanced 188.25 points, or 1.77 percent

Sensex closes above 34,000, up 323 points; kicks off March series on a positive note
Business

Sensex closes above 34,000, up 323 points; kicks off March series on a positive note

The BSE Sensex on Friday reclaimed the 34,000-level, surging about 323 points to end at one-week high of 34,142.15 as March derivative series got off to a strong start amid a firming trend on other Asian bourses

Sensex spurts 318 points to close at 33,351.57, Nifty up 88 points on value-buying; PSU bank shares in demand
Business

Sensex spurts 318 points to close at 33,351.57, Nifty up 88 points on value-buying; PSU bank shares in demand

Reversing a six-session slide, benchmark Sensex zoomed 318 points to end at 33,351 on Thursday as participants accumulated recently beaten down stocks amid positive global cues