On the last day of the week, the stock market has once again touched the peak despite a sluggish start. Today on Friday, for the fourth consecutive day, the stock markets closed on the green mark. Not only this, both Sensex and Nifty have touched their highest level today. In today’s trading session, the BSE Sensex touched a new all-time high of 62,293.64.
The market got strength from Reliance and Maruti
In today’s business, the stock market got strength from the country’s giant Reliance Industries. Along with this, the market closed strongly due to heavy buying in the shares of big companies like Wipro and Maruti. The 30-share BSE Sensex closed at a record high of 62,293.64 points, up 20.96 points, or 0.03 per cent. It had touched its all-time high of 62,447.73 at one stage during the trade.
Nifty also touched record
The National Stock Exchange’s Nifty also closed at a record high of 18,512.75 points, up 28.65 points, or 0.15 percent. Reliance Industries was the top gainer in the Sensex pack, rising 1.34 per cent. Wipro, Tech Mahindra, Axis Bank, IndusInd Bank, Maruti, Tata Steel and Mahindra & Mahindra were also major gainers. On the other hand, Nestle, Kotak Mahindra Bank, ICICI Bank and HCL Technologies closed with losses.
Mixed trading in global markets
In other Asian markets, South Korea’s Cospi, Japan’s Nikkei and Hong Kong’s Hangseng declined, while China’s Shanghai Composite closed with gains. European markets were trading lower in early trade, while the US market remained closed on Thursday for the Wall Street holiday. Meanwhile, international oil benchmark Brent crude gained 1.21 per cent to USD 86.37 per barrel. Foreign institutional investors (FIIs) bought shares worth Rs 1,231.98 crore on Thursday, according to stock market data.