The Indian equity market rose to new record high during the mid-afternoon trade session on Thursday as the NSE Nifty50 crossed the 14,000 mark for the first time ever.
Benchmark indices Sensex and Nifty raced to fresh record highs on Wednesday as gains in financials, auto and IT shares helped markets extend their winning run for the sixth straight session.
The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.
Similarly, the broader NSE Nifty slipped 44.90 points or 0.33 per cent to 13,695.80. It hit a high of 13,713.55 in early trade. It touched an intra-day high of 13,771.45.
Markets are absorbing profit booking too which is a very healthy sign as the mood seems buoyant with good appetite seen at lower levels.
The BSE gauge Sensex surged 288.55 points or 0.62 per cent to trade at 46,551.72; while the NSE barometer Nifty climbed 82.70 points or 0.61 per cent to 13,650.55 in early deals – record highs for...
The 30-share BSE index was trading 135.05 points or 0.29 per cent lower at 46,118.41.
Equity benchmarks rallied to record highs on Friday after the RBI left the policy rates unchanged but maintained its accommodative stance and revised upwards the growth forecast for this fiscal.
Domestic equity benchmarks ended marginally higher on Thursday, with the Nifty settling at a fresh record, amid mixed cues from global markets.
The 30-share BSE index was trading 25.74 points or 0.06 per cent higher at 44,285.48.