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Nifty Hits 15,000 Points For The First Time Ever

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After hitting record highs on the benchmark indices in the previous session, euphoria in the markets continued into the Friday's session ahead of the RBI monetary policy outcome in line with gains on the SGX Nifty. At 09:16 IST, the Sensex was up 265.86 points or 0.53% at 50880.15, and the Nifty hit a new record of 15,000 points. The Broader markets however outperformed the benchmark indices with gains of as much as 1%.

Nifty Hits 15,000 Points For The First Time Ever
 

Among early top gainers in today's deal are stocks such as SBI, Hero Motocorp, IndusInd Bank, ONGC and ITC while laggards include Power Grid, Coal India, TCS, ICICI Bank and UPL.

Hero Motocorp on Thursday posted a 23.2% year-on-year increase in net profit to Rs. 1,084 crore for the December ended quarter of FY21 owing to increased sales of its vehicles and low base effect. Scrip hit its 52-week high of Rs. 3560.

Britannia Industries' shares will be focus ahead of its Q3 results. The company's profitability may take a hit due to weaker sales on a quarterly basis, and increase in input costs. Scrip traded with just modest gains, while it hit day's high of Rs. 3616.

Meanwhile, Asian indices at the time of writing this copy traded with gains after the US markets climbed to a record high in the overnight session. Japan's Nikkei was up as much as 1.3 percent, while Hang Seng and South Korea's Kospi traded with gains of 0.94 percent and 0.14%, respectively.

GoodReturns.in

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