Mumbai, November 28
Benchmark indices ended at fresh lifetime highs on Monday amid foreign fund inflows, a decline in crude oil prices and buying in index major Reliance Industries.
Reliance jumps 3.48%
Among Sensex pack, Reliance jumped the most by 3.48%, followed by Nestle, Asian Paints, Bajaj Finserv, Wipro, ICICI Bank and IndusInd Bank
Rallying for the fifth day in a row, the Sensex climbed 211.16 points to settle at 62,504.80, its fresh record closing high. During the day, it jumped 407.76 points to its lifetime intra-day peak of 62,701.40. The Nifty gained 50 points to end at 18,562.75, its record closing high.
“Sentiment and flows currently are acting as a strong catalyst for the markets which touched an all-time high. We are seeing domestic as also foreign investors being net buyers of equity aiding the momentum,” said Lakshmi Iyer, CEO-Investment Advisory, Kotak Investment Advisors Ltd.
(This story has not been checked by JK Mega and is auto-generated from other sources)