After rising 341 points, the Sensex settled 174 points, or 0.33 per cent, higher at 52,475
The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92
The 30-share BSE Sensex slipped 52.94 points or 0.10 per cent to 52,275.57. The broader NSE Nifty declined 11.55 points or 0.07 per cent to 15,740.10
A sharp recovery in the rupee added to the momentum, even as lacklustre global cues capped the gains, traders said
Technology has changed how we collect data and which data set is more reliable
Lacklustre global cues and a weak rupee also soured risk appetite, traders said
Sensex tops February peak to settle at 52,232; Nifty closes at 15,690
After dropping to a low of 51,450.58 in late afternoon trade, the BSE Sensex clawed back lost ground to finish 85.40 points or 0.16 per cent down at 51,849.48
The benchmark Sensex ended the session at 51,937, a gain of 514 points or 1 per cent. The index is currently 217 points or 0.42 per cent below its previous closing high of 52,154, made on February 15
The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent
Sensex has risen 2,690 pts, or 5.5%, since May 14
Nifty50's stability above 15,300-mark shows a further breakout towards 15,700 and 16,000 levels, as per the weekly chart
IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.
Index closes at 15,338, surpassing previous record of 15,315
"We don't expect the negative crossover to result in a sharp market decline like we saw in March last year," said Ruchit Jain, a technical analyst at Angel Broking Ltd
Volatility index, India VIX, however, surged 11 per cent to 21 levels ahead of the expiry of monthly F&O contracts due tomorrow
Asian Paints was the top gainer in the Sensex pack, advancing over 3 per cent, followed by Titan, Bajaj Finserv, ONGC, Infosys and TCS
Mixed overseas cues and a weakening rupee capped the gains, traders said
This is a remarkable feat, considering it had slipped below $1.5 trillion in March 2020 at the peak of the Covid-induced sell-off
The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth