Sensex breaches 63000 points mark for the first time

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Mumbai: Indian markets continued their bull run with the BSE Sensex breached the 63000 point mark for the first time.

At Close, the 30 share based Sensex was up 417.81 points or 0.67% at 63,099.65, and the Nifty was up 140.30 points or 0.75% at 18,758.30. About 1992 shares have advanced, 1395 shares declined, and 104 shares are unchanged.

M&M, Hindalco Industries, Grasim Industries, Bajaj Auto and UltraTech Cement were among the top Nifty gainers. The losers included IndusInd Bank, SBI, HCL Technologies, ITC and Sun Pharma.

Falling crude oil prices on account of weak demand due to Covid related lockdowns in China, has raised hopes of a sharp reversal in inflation and hence interest rates, across the globe.

 

 

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