Market Roundup: D-Street breaks fresh all-time high; Sensex closes above 84,540, Nifty just shy of 25,800

Major Indian indices hit new records on Friday, catapulted by heavyweights ICICI Bank and HDFC Bank which made the largest contribution to the respective index. They received positive signals from global and Asian markets amid the start of a monetary easing policy by the US Federal Reserve.

The S&P BSE Sensex The Nifty50 index hit an all-time high of 84,694.46 before ending the session at 84,544.31, up 1,359 points or 1.63 per cent from its last close. The broader Nifty50 index stood at 25,790.95, up 375.15 points or 1.48 per cent. The 50-stock index touched a fresh all-time high of 25,849.25 today.

The combined market capitalisation of all stocks listed on the BSE soared by Rs 5.5 lakh crore to Rs 471 lakh crore.

The stars of today’s rally were ICICI Bank and HDFC Bank, which helped both the benchmark indices close at record highs. ICICI Bank itself hit a fresh 52-week high of Rs 1,362.35 on the NSE. HDFC Bank closed at Rs 1,737.20, up Rs 28.70 or 1.68%.

Above Winners & Losers


In stock of 50 Skilled44 stocks closed in the green. The top gainers were Mahindra & Mahindra (M&M), ICICI Bank, JSW SteelLarsen & Toubro (L&T) and Coal from India While the main losers were Grasim Industries, State Bank of India (OSE), PCNT, Industrial Bank and MotoCorp HeroSectoral indices that topped the list included Nifty Auto, Nifty Bank and Nifty Financial Services, which closed up 1.9%, 1.4% and 1.6% respectively. The only laggard among the 16 Nifty sectoral indices was Nifty PSU Bank, which closed down slightly by 0.1%.

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