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Nifty, Sensex scaled new record close
The Indian share benchmarks witnessed a strong close on Monday, after chasing news gains for the second straight trading session. The BSE Sensex ended 248 points higher at 39,683.29 and the Nifty50 of the NSE closed at 11,924.75, up by 80 points, both at their respective record closing high levels. TataSteel, YesBank, IOC, NTPC and L&T were the top gainers on Nifty 50, whereas ZEEL, IndusInd Bank, RelianceIndustries, Bharti Airtel and TechMahindra and were the major losers. Banking and financial stocks were among the top outperformers with Nifty PSU Bank index, up 2.05%, NiftyBank up 1.39%, Pvt Bank up 1.29%. Also, metal and realty sectors were also at high rising over 2percnt each. On other hand, NiftyPharma was the top sectoral loser, down by 0.97%. MidCap and SmallCaps stocks also followed the rally and Nifty Mid-cap50 gained 1.79%, while Nifty Mid-cap-100-index gained 1.62%, and Nifty Small-cap-100 up by 1.62%. Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article