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BSE Sensex reaches 52,000 mark for first time, Nifty also at record high

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language | Updated: 15 Feb 2021, 04:42:00 PM

Mumbai, Feb 15 (PTI) The BSE Sensex closed above the 52,000-mark for the first time on Monday due to buying in shares of financial companies amid a spurt in global markets. The 30-share BSE Sensex rose 609.83 points, or 1.18 percent, to close at 52,235.97. During trading it had reached a record level of 52,235.97. Similarly, the National Stock Exchange’s Nifty closed at a record high of 15,314.70 points with a gain of 151.40 points, or 1.0 percent. Axis Bank was the biggest gainer among the Sensex stocks. About 6 percent of it

Mumbai, Feb 15 (PTI) The BSE Sensex closed above the 52,000-mark for the first time on Monday due to buying in shares of financial companies amid a spurt in global markets. The 30-share BSE Sensex rose 609.83 points, or 1.18 percent, to close at 52,235.97. During trading it had reached a record level of 52,235.97. Similarly, the National Stock Exchange’s Nifty closed at a record high of 15,314.70 points with a gain of 151.40 points, or 1.0 percent. Axis Bank was the biggest gainer among the Sensex stocks. It gained about 6 percent. Apart from this, ICICI Bank, Bajaj Finance, SBI, IndusInd Bank, HDFC and Kotak Bank also gained momentum. On the other hand, the stocks that fell, include Dr. Reddy’s, TCS, Tech Mahindra, HUL and Asian Paints. Anand Solanki, head of equity research at Anand Rathi, Narendra Solanki, said, “The uptick in other markets in Asia, especially Japan, had an impact on domestic markets. With the news of Japan’s economy growing 12.7 percent year-on-year in October-December last year, the Nikkei 225 has crossed the 30,000 mark for the first time in more than three decades. ” doing. The softening of inflation based on weekend consumer price index impacted the market. According to the data released on Friday last week, retail inflation stood at 4.59% in December 2020. This is the second consecutive month when the retail inflation rate is below the 6 percent ceiling. The government has given RBI a target of keeping inflation at the level of 4 percent with a 2 percent fluctuation. Japan and South Korea’s Kospi benefited from other markets in Asia. The opening trend was positive in the major markets of Europe, opening after noon by Indian time. Meanwhile, global oil standard Brent crude rose 1.30 percent to $ 63.24 a barrel.

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