Sensex touches a new high but declines at close, Nifty too falls down

Hopes of Corona Vaccine pushes Sensex up 429 points

 

The Domestic Benchmark Indices wiped off early gains but investors booked profits at the end of the day. The Auto and PSU Banks were the biggest drags in the market though some buying was witnessed in private banking scrips.

Even in broader markets, Midcap and smallcap indices ended in the red.

The 30-share pack Sensex declined 18.82 points or 0.04 per cent to close at 52,861.18. The index ended 170 points below the day’s high. Its broader peer NSE Nifty dropped 16.10 points or 0.10 per cent to settle at 15,818.25.

UltraTech was the topmost gainer, increasing 3.23 per cent. Shree Cement, HDFC Bank, Bajaj Finance, SBI Life Insurance, Bajaj Finserv and Kotak Mahindra Bank were the other top performers.

In the Nifty50 pack, Tata Motors was the topmost loser dropping 8.41 per cent while Tech Mahindra, Coal India, TCS, M&M, Maruti Suzuki, Infosys, Sun Pharma, Nestle India and Reliance Industries were the others which ended in the red.

Quick Glance

RCom hit lower circuit after DoT denies to renew its licence.

— Indigo, SpiceJet end in the green as government increases flight capacity due to lockdown relaxations as Covid cases go on declining

—AU Small Finance Bank goes up 8 per cent after Q1 update

— TaMo falls 9 per cent as JLR issues profit warning over chip shortage.

— Wonderla rises 12 per cent as resort opens amidst lockdown relaxations with a limited capacity as the second wave shows signs to end.

 

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