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Bull run continues; Sensex ends above 67,000-mark; Nifty at new closing peak of 19,833.15

Bull run continues; Sensex ends above 67,000-mark; Nifty at new closing peak of 19,833.15

The Hindu
Wednesday, July 19, 2023 11:07:01 AM UTC

Equity benchmark indices Sensex and Nifty continued their upward movement on July 19, ending at fresh record high levels, driven by foreign fund inflows and optimism in the global markets.

Equity benchmark indices Sensex and Nifty continued their upward movement on July 19, ending at fresh record high levels, driven by foreign fund inflows and optimism in the global markets.

Buying in index majors Reliance Industries and ITC also helped the markets maintain their winning momentum.

Rallying for the fifth day running, the 30-share BSE Sensex jumped 302.30 points or 0.45% to settle at its new record closing high of 67,097.44. During the day, it rallied 376.24 points or 0.56% to reach its all-time intra-day peak of 67,171.38.

The NSE Nifty gained 83.90 points or 0.42% to end at its lifetime closing high of 19,833.15. During the day, it climbed 102.45 points or 0.51% to hit a fresh record intra-day peak of 19,851.70.

From the Sensex pack, NTPC, Bajaj Finance, IndusInd Bank, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Motors, ITC, Power Grid and Larsen & Toubro were the biggest gainers.

IndusInd Bank climbed 2% after the company on July 18 reported a 30% jump in consolidated net profit in April-June quarter at ₹2,124.50 crore, helped by core income growth and lower bad loan provisions.

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