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Sensex Rises Over 500 Points To Hit Fresh All-Time High; Nifty Trading Above 18,500

Sensex Rises Over 500 Points To Hit Fresh All-Time High; Nifty Trading Above 18,500

NDTV
Monday, October 18, 2021 08:33:26 AM UTC

Equity indices on Monday continued to hit fresh peaks led by gains in banking and metal stocks. The benchmark BSE Sensex surged 524 points or 0.86 per cent to 61,830 in late deals; while the broader NSE Nifty moved 164 points or 0.89 per cent higher to 18,502.

New Delhi: Equity indices on Monday continued to hit fresh peaks led by gains in banking and metal stocks. The benchmark BSE Sensex surged 524 points or 0.86 per cent to 61,830 in late deals; while the broader NSE Nifty moved 164 points or 0.89 per cent higher to 18,502. The 30-share BSE index hit an all-time intraday high of 61,962.

Top gainers in the BSE pack included Infosys, Tata Steel, Tech Mahindra, ICICI Bank, Maruti Suzuki India, ITC and Bajaj Finserv with their shares rising as much as 3.38 per cent.

On the NSE platform, sub-indices Nifty Metal and Nifty PSU Bank jumped as much as 3.84 per cent. 

Gaurav Garg, Head of Research, Capitalvia Global Research Ltd, "Indian equity benchmarks hits fresh high despite weak global clues. The domestic benchmarks were driven by metal stocks. BSE mid-cap and small-cap indices were also trading in green."

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