SME Times News Bureau | 20 Aug, 2018
Riding on positive global cues, the Sensex and the Nifty,
two key indices of Indian equities market provisionally ended at record closing
highs on Monday.
Heavy buying activity was witnessed in capital goods, metal and oil and gas
stocks, analysts said.
Earlier in the day, both the indices -- BSE Sensex and the NSE Nifty50 --
touched their all-time intra-day high levels of 38,340.69 points and 11,565.30
points respectively.
At 3.30 p.m., the wider Nifty50 of the National Stock Exchange provisionally
ended at a fresh closing high of 11,551.75 points, up 81 points or 0.71 per
cent from its previous close.
The benchmark S&P BSE Sensex which had opened at 38,075.07 points, closed
at 38,278.75, points, higher by 330.87 points or 0.87 per cent from its
previous close. It touched an intra-day low of 38,050.69 points.
Sector-wise, the S&P BSE Capital Goods index gained 668.41 points, the
metal index rose by 332.36 points and the oil and gas was up 191.82 points by
the end of the day's trade.
On the other hand, the IT index declined by 188.84 points, the consumer durable
index fell 127.24 points and the Teck (technology, entertainment and media)
stocks declined by 76.07 points.
The top gainers at the S&P BSE Sensex were Larsen and Toubro, Tata Motors
(DVR), Tata Motors, ONGC, and Tata Steel. On the contrary the majors losers in
the day were Infosys, Maruti Suzuki, ICICI Bank, Axis Bank and Hindustan
Uniliver.
On Friday, the indices traded on a positive note with the Sensex closing at
37,947.88 points and the Nifty50 at 11,470.75 points.