Sensex, Nifty at record high; ends flat on profit booking

Mumbai, July 29 (UNI) India’s benchmark indices hit a fresh record high on Monday with the BSE Sensex touching 81,908.43 and the NSE Nifty almost 25000-mark in the intra-day due to positive global cues, but profit booking later pared early gains and the market ended nearly flat.

The BSE Sensex closed at 81,355.84, gaining only 23.12 points and the National Stock Exchange (NSE) Nifty ended flat at 24,836.10, up 1.25 points.

Volatility index was marginally high today as the Sensex surged 347 points to open at 81,679.65 but soon surged 576 points to touch all-time high of 81,908.43 before closing at 81,355.84 with a gain of 23.12 points from its previous close.

The stocks that kept the market momentum up included industrials, capital goods, real estate, and oil and gas.

Meanwhile the Mid Cap and Small Cap gained 0.80 per cent and 1.17 per cent respectively.

Both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) were net buyers to the tune of Rs 2546 crore and Rs 2774 crore respectively in the last trading session, according to data available on the stock exchanges.

In 30-scrips Sensex, shares of 16 companies advanced and ended in green while of 14 companies declined and ended in red.

The gainers were L&T by 2.68 per cent to Rs 3771.90, M& M by 2.05 per cent to Rs 2946, Ultracemco by 1.42 per cent to Rs 11845 and SBI by 1.04 per cent to Rs 871.95.

The losers were Bharti Airtel by 2.06 per cent to Rs 1483.55, Titan by 1.96 per cent to Rs 3427, ITC by 1.23 per cent to Rs 496.40, and Kotak Bank by 1.13 per cent to Rs 1793.75.

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