Sensex closes at record high, many sectors gain

Sensex closes at record high, many sectors gain

Mumbai: The benchmark Sensex closed at the highest ever 20,375.87 points on the Bombay Stock Exchange on 12 December on brisk buying across various counters.

The 30-share Sensex netted a gain of 84.98 points at 20,375.87 Wednesday.

The BSE barometer, which fell by over 245 points at the outset, bounced back to touch the day’s high of 20,419.11 point. It saw a low of 20,045.42 points. The Sensex had gained over 360 points in the previous day’s trading.

Similarly, the National Stock Exchange index Nifty rose by 62.05 points to 6,159.30.

The wider index touched the day’s high of 6,175.65 and a low of 6,005.45 points.

The rally was led by stocks in metal, realty, refinery, PSU and healthcare segments as aggressive buying, influenced by the US Federal Reserve’s cutting interest rates by a quarter percentage, were seen at the fag-end.

Metal index gained the most by 574.48 points at 19,629.07, followed by realty index by 358 points at 12,540.32. Oil and gas index shot up by 186.58 points at 13,152.02.

PSU index rose by 159.49 points at 10,245.58, healthcare index by 111.74 points at 4,173.98, consumer durable index by 82.65 points at 6,129.70, fast moving consumer goods index by 19.90 points at 2,189.52, teck index by 17.47 points at 3,963.63, power index by 16.31 points at 4,539.86, auto index by 8.59 points at 5,770.02 and capital goods index by 8.52 points at 20,308.27.

Buying activity was spread over a wide front and lifted the small cap index by 217.15 points to 11,884.99 and midcap index by 152.51 points to 9,339.49 points.

However, IT index fell by 78.86 points to 4,353.59 and banking index by 66.59 points to 11,712.12.