NSE benchmark Nifty ends above 10,500, up 38.50 points

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NSE benchmark Nifty ends above 10,500, up 38.50 points
NSE benchmark Nifty ends above 10,500, up 38.50 points

NSE benchmark Nifty ends above 10,500, up 38.50 points

NSE benchmark Nifty surged towards the fag-end to cross the 10,500-milestone for the first time ever, rising by 38 points on buying in mainly metal, realty, pharma, infra, energy and media sectors.

Small bouts of profit-booking was witnessed in PSU Bank stocks which cappped some gains.

Overseas, European markets remained closed for holiday.

While, Asian stocks closed mixed in trading thinned by year- end holidays as several regional markets re-opened after the Christmas break.

The NSE Nifty opened higher at 10,512.30 and moved in a range of 10,545.45 its all-time record high, and a low of 10,477.95 before closing at all-time record 10,531.50 up 38.50 points, or 0.37 per cent from its previous close.

It saw an intra-day movement of about 67.50 points.

On the sectoral front, metal rose by 1.21 per cent, realty 1.14 per cent, pharma 0.96 per cent, infra 0.74 per cent, energy 0.58 per cent, media 0.56 per cent, private bank 0.39 per cent, auto 0.23 per cent and bank 0.10 per cent.

While, PSU bank was the lone loser by 0.71 per cent.

Major index gainers were Bharti Airtel, Ambuja Cement, Sun Pharma, Bosch Ltd, Cipla, Vedanta, Reliance and Yes Bank.

Losers included SBIN, Coal India, NTPC, Mahindra & Mahindra, Hindustan Unilever, Infosys and Power Grid.

The market breadth, indicating its overall health, was in favour of gainers. On the NSE, 1,045 stocks advanced, 750 declined and 65 remained unchanged.

Total securities that hit their price bands were 229.

Turnover in the cash segment fell to Rs 29,809.65 crore from Rs 30,475.76 crore as on last Friday.

A total of 21,006.27 lakh shares changed hands in 9,875,343 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,49,20,574.73 crore.

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