At 10:30 ST, the barometer index, the S&P BSE Sensex, advanced 542.76 points or 0.66% to 83,733.43. The Nifty 50 index added 167.90 points or 0.66% to 25,586.60.
The Sensex clocked an all-time high of 83,805.26 in morning trade. Further, the Nifty Bank hit a life high of 53,434.25 in intraday today.
In the broader market, the S&P BSE Mid-Cap index added 0.25% and the S&P BSE Small-Cap index rose 0.64%.
The market breadth was strong. On the BSE, 2,233 shares rose and 1,341 shares fell. A total of 174 shares were unchanged.
Buzzing Index:
The Nifty Metal index added 1.56% to 9,395.30. The index fell 0.69% in past three consecutive trading sessions.
JSW Steel (up 3.23%), NMDC (up 1.63%), Tata Steel (up 1.61%), Hindalco Industries (up 1.59%) and Hindustan Zinc (up 1.33%), Adani Enterprises (up 1.21%), Jindal Steel & Power (up 1.02%), National Aluminium Company (up 0.96%), Hindustan Copper (up 0.85%) and Jindal Stainless (up 0.84%) advanced.
Stocks in Spotlight:
IIFL Finance surged 9.76% after the Reserve Bank of India (RBI) has lifted the restrictions imposed on the gold loan business of the company.
Power Grid Corporation of India added 1.16% after the company said that it has declared a successful bidder for establishing an inter-state transmission system the Khavda project in Gujarat.
0 mins read . Dec 18, 2024
0 mins read . Dec 18, 2024
0 mins read . Dec 18, 2024
