Thursday, July 26, 2018

Closing Bell: Sensex and Nifty end at record closing high; Nifty PSU bank up 5%

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A record high opening, clinching key milestones and turning volatile ahead of expiry of derivatives and yet manage to end at a record high—the market had it all in a day’s trade. The 50-share index managed to scale a fresh record high of 11,185.85, surpassing the previous levels of 11,171 that was recorded earlier this year. There was some last hour volatility and weakness ahead of F&O expiry, but PSU banks’ strength ensured that it managed to clock fresh record highs on both indices. 

- Sensex hit a fresh record high; hits the key milestone for the 7th time in 11 trading sessions
- Nifty hit its fresh milestone, surpassed the earlier level of 11,171 and hit an intraday high of 11,179.40.
- On a year to date basis, Nifty is up 6 percent. It was up 22 percent in the same period of last year. 
- It has taken a total of 123 sessions for Nifty to be back at record high figure
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