Stock markets scale new all time high
All-round buying took place in the domestic stock market even today. The benchmark indices, both BSE and NSE, closed at record highs with a jump of nearly 1%. The BSE Sensex was up 383 points, or 0.74%, at 52,232 points. NSE’s Nifty closed at 15,690 points, up 114.15 points, or 0.73%.
Small caps jump 1.15%
There was also big buying in small and medium cap stocks. Nifty’s mid cap gained 0.93% while small cap gained 1.15%. The market benefited from strong buying in realty and media stocks. The Nifty Realty Index gained 3.79%. Pharma index fell 0.26%, all other sector indices closed in the green.
Strong start for market
The stock market had a strong start on Thursday with a big gap-up. Sensex opened 272.1 points up and Nifty was up by 79.35 points from the previous closing level. Shares of PNB Housing Finance once again jumped 10%. It jumped 20% on Monday and Tuesday, while it was up 10% on Wednesday. On May 31, the price was Rs 438, which has increased to Rs 763.15.
Nifty remained in the range of 15,611 to 15,705
By 1.30 pm, there was regular selling in both the BSE Sensex and NSE Nifty benchmark indices. Both the indices suddenly hit top gear, in which the Nifty went from a low of 15,611 points to a high of 15,705 points. Similarly, the Sensex, after falling up to 51,942 points, recovered and went up to 52,273 points.
