Sensex Ends 308 Points Higher, Nifty Ends At Record High Of 15,436; Reliance Industries & Grasim Among Top Gainers

Indian share markets witnessed positive trading activity throughout the day today and ended higher.

Benchmark indices edged higher tracking gains in index major Reliance Industries as market participants expect cuts in the tax rates on covid medicines, vaccines and oxygen equipments, as well as means to make up for the shortfall in revenues, promised to states in today's goods and services tax (GST) council meet.

At the closing bell, the BSE Sensex stood higher by 308 points (up 0.6%).

Meanwhile, the NSE Nifty closed higher by 98 points (up 0.6%).

Reliance Industries and Grasim were among the top gainers today.

Sun Pharma and Bajaj Finserv, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,489, up by 75 points, at the time of writing.

The BSE Mid Cap index and the BSE Small-Cap index ended down by 0.1% and 0.5%, respectively.

Sectoral indices ended on a mixed note with stocks in the energy sector and oil & gas sector witnessing most of the buying interest.

Healthcare and power stocks, on the other hand, witnessed selling pressure.

Shares of Lux Industries and Redington hit their respective 52-week highs today.

Asian stock markets ended on a mixed note today.

The Hang Seng ended on flat note today, while the Shanghai Composite ended down by 0.2%.

The Nikkei ended up by 2.1% in today's session.

US stock futures are trading on a positive note today with the Dow Futures trading up by 172 points.

The rupee is trading at 72.44 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.3% at Rs 48,421 per 10 grams.

Speaking of the stock markets, India's #1 trader, Vijay Bhambwani shares why he thinks the bull market in crude oil is not sustainable, in his latest video for Fast Profits Daily.

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