Market Highlights - 05.01.2021
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💎 The Indian benchmark equity indices, Sensex and Nifty ended at record high levels on Tuesday led by strong buying in the IT and private banks.
💎 Nifty Bank Ends At A 1-year Closing High, Is Now Less Than 900 Pts Away From Record High
💎 The Sensex ended 260.98 points, or 0.54 percent, higher at 48,437.78, while the Nifty closed at 14,199.50, up 66.60 points, or 0.47 percent.
💎 Broader markets supported the upmove with Nifty Smallcap100 and Nifty Midcap100 gaining over 0.6 percent each. Among sectors, Nifty IT, Nifty Private Bank, Nifty Financial Services gained the most while Nifty Metal ended in the red.
💎 IT index Gains The Most Amongst Indices, Led By Wipro, TCS & HCL Tech
💎 Rally in banking heavyweights such as Axis Bank, IndusInd Bank and ICICI Bank lifted Nifty Bank over 1 percent.
💎 Axis Bank Top Nifty Gainer With A Move Of Over 6%
💎Axis Bank, HDFC, HDFC Life, Wipro and IndusInd Bank were the top gainers on the Nifty, while ONGC, JSW Steel, Bajaj Finance, Tata Steel and Hindalco were the top index losers.
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