BUSINESS

Sensex and Nifty Hit Record Highs


The market extended the gains in the third consecutive week and continued the record-making run during the week ended September 27, led by positive global markets after stimulus announcements by China. 

This week, BSE Sensex added 1027 points, or 1.2 percent, to end at 85,571, while the Nifty50 index rose 388 points, or 1.5 percent, to end at 26,179. On September 27, BSE Sensex and Nifty touched fresh highs of 85,978 and 26,277, respectively.

 The BSE Mid-cap Index jumped 0.7 percent and touched a fresh high during the week. The BSE small-cap index ended flat for the second consecutive week but hit a new high. The BSE Large-cap Index rose 1.5 percent to touch a new high during the week.

 All the sectoral indices ended in the green, with the Nifty Metal index rising 7 percent, the Nifty Oil & Gas index jumped 5 percent, the Nifty Auto index added 4 percent, and the and the Nifty PSU Bank index added 3.4 percent.

 

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