Sensex extends winning streak,gains 52 pts,Nifty surpasses 20100

Sensex extends winning streak,gains 52 pts,Nifty surpasses 20100

Ira Singh
14 Sep’23

The Indian equity market indices hit their record peaks on Thursday in continuation of their ongoing rally, amid a largely firm trend in Asian markets along with buying in IT and banking.

At close,the Sensex was up 52.01 points or 0.08 percent to end at 67,519.00, and the Nifty was up 33.10 points or 0.16 percent at 20,103.10.

Stocks and Sectors

UPL, Hindalco Industries, ONGC, M&M and Eicher Motors were the top gainers on the Nifty, while losers included Asian Paints, Coal India, ITC, LTIMindtree and Britannia Industries.

On the sectoral front, FMCG index ended with marginal cut, while oil & gas, realty, metal and PSU Bank gained one percent each.

The broader indices outperformed the main indices, with BSE midcap and Smallcap indices gaining one percent each.

On 14 Sep’23,the Indian rupee falls 2 paise to close at 83.03 against US dollar weighed down by a surge in crude oil prices and strong American currency overseas.However, a positive trend in domestic markets cushioned the downside for the local unit, forex traders said.

Experts Take:
Market experts have recommended six stocks to buy for Thursday-Asian Paints, Biocon, Balkrishna Industries, Apollo Hospitals, Tata Consumer, Bharti Airtel.