Market Day End Result: On Dalal Street, bulls were back in action as benchmark indices reached new all-time highs. Nifty closed just short of the coveted 23,000 level as purchasing occurred in all sectors, with the exception of metal and pharmaceuticals, and despite harsh Fed minutes.
The Nifty was up 369.90 points, or 1.64 percent, at 22,967.70 at closure, while the Sensex was up 1,196.98 points, or 1.61 percent, at 75,418.04. The Indian indices opened flat, with the Nifty at 22,600, amid erratic global cues. But as the day went on, the market warmed up and continued to rise, with the Sensex closing the day at 75,499.91 and the Nifty reaching new intraday highs of 22,993.60 and 22,993.60, respectively.
Read more: Understanding Risk Parity
Market Day End Result
The Nifty Midcap 100 index closed at 52,418.55, up 0.48 percent, after reaching a new intraday high of 52,452.65.
Adani Enterprises, Adani Ports, and Voltas all saw a protracted build-up, whilst Deepak Nitrite, Lupin, and Vedanta experienced a brief build-up. Adani Enterprises, Adani Ports, Ashok Leyland, Aurobindo Pharma, Bharti Airtel, Divis Labs, Eicher Motors, Indian Bank, M&M, Oberoi Realty, Solar Industries, and UNO Minda were among the more than 200 stocks that reached their 52-week high on the BSE.
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