Latest News
-
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY -
Sebi to Enhance Price Discovery for Firms Trading Below Book Value
Sensex, Nifty Close At New High For Second Day
After a record high opening buoyed by positive global sentiments, Sensex and Nifty closed at record high for the second consecutive day on December 18. The rally was further driven on expectations of announcement of measures to revive economic growth. The Sensex closed a new record high of 41,558.57, up 0.50% or 206.4 points, while the Nifty quoted at 12,221.65, up 0.47% or 56.65 points.
Gains were largely led by stocks from IT and metal space as they expected improved order intakes owing to the easing of trade tension between the world's two largest economies with the agreement on "phase one"US-China trade deal.
Sectoral wise, the PSU Bank index was dragged the most over 2% while metal and pharma stocks gained.
PC Jewellers' promoters have been levied with a heavy fine for insider trading and the stock was down as much as 7%.
Meanwhile, rupee traded weak at 71.03 as against previous session's close of 70.98 due to surge in crude oil price levels to US$66 per barrel and amid concerns over Brexit.
GoodReturns.in
