Stock market extends winning steak; PSU bank at new high
Sensex closed 487 points, or 0.66%, higher at 74,339.44 while the Nifty closed the day with a gain of 168 points, or 0.75%, at 22,570.35 on the monthly F&O expiry day.
Continuing with their upward trajectory, the key indices of the Indian equity markets — the S&P BSE Sensex and the NSE Nifty50 — gained for the eighth straight session on Monday.
According to market observers, healthy buying was witnessed in banking, consumer durables and capital goods stocks.
The wider Nifty50 of the National Stock Exchange (NSE) provisionally closed (at 3.30 p.m.) gained 9.85 points or 0.09 per cent at 10,399.55 points.
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The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,640.51 points, provisionally closed at 33,724.44 points — up 45.20 points or 0.13 per cent — from its previous close.
The Sensex touched a high of 33,745.17 points and a low of 33,540.46 during the intra-day trade.
The BSE market breadth was tilted towards bulls — 1,559 advances and 1,132 declines.
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