Top gainers, losers today: ITC, ICICI Bank, Infosys, Kotak Mahindra Bank; check full list
Nifty closed at fresh record highs on Thursday (July 20) amid mixed global cues. The sentiment in domestic market remains upbeat on robust foreign capital inflow on India's healthy macroeconomic outlook and expectations of the end of the monetary tightening cycle in the US after the July policy meeting. Sensex opened 23 points lower at 67,074.34 against the previous close of 67,097.44 following mixed global cues. However, the index witnessed smart buying in the final hour of trade.
Sensex hit its fresh record high of 67,619.17 and the Nifty also hit its fresh record high of 19,991.85 during the session. Sensex finally closed 474 points, or 0.71 per cent, higher at 67,571.90 while the Nifty closed the day at 19,979.15, up 146 points, or 0.74 per cent. This was the fresh closing high of both indices.
The BSE Midcap also hit its fresh record high of 29,671.6 during the session but pared gains and closed at 29,623.67, up 0.05 per cent. The BSE Smallcap index also hit its fresh record high of 34,193.74 during the session but closed 0.19 per cent higher at 34,101.53. Commenting on today's market performace, Vinod Nair, Head of Research at Geojit Financial Services said, ‘’Unlocking of value by heavy weights (like RIL & ITC) is apprising the main indices.
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