Early on D-Street | Nifty can stretch towards 12,290-12,350 if index holds above 12,070
Episode 2030, Dec 18, 2019, 01:30 AM
The S&P BSE Sensex rallied over 400 points to hit a fresh record high of 41,401.65 while the Nifty50 rose over 100 points to hit a record of 12,182.75
Nifty50 hits a fresh record high for the 9th time while the S&P BSE Sensex hit a fresh record high for the 20th time so far in 2019, CNBC-TV18 data showed.
Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 413 points to 41,352 while the Nifty50 closed with gains of 111 points to 12,165. Both Sensex and Nifty50 hit fresh closing highs as well.
Investor wealth soared by Rs 1.26 lakh crore in a buoyant equity market where the BSE benchmark zoomed by over 400 points helped by strong global cues.
Sectorally, the action was seen in telecom, metal, IT, finance, and banking stocks while profit-taking was seen in sectors like consumer durables, realty, and healthcare.