Stock Market At Close: Sensex, Nifty Hit New Highs; Auto, Metals Shine

The Indian stock market hit a new high for the fourth straight session on December 27.

At close, the Sensex surged 701.63 points or 0.98 percent at 72,038.43. Nifty jumped 213.50 points or 1 percent at 21,654.80. The surge was led by positive global cues.

Except oil & gas and Power, all other sectoral indices ended in the green with the auto, bank and metal up 1 percent each. Bank Nifty hit fresh highs today.

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Top Nifty50 Gainers:

• UltraTech Cement – 4.5%
• Hindalco Industries – 4.25%
• Bajaj Auto – 3.86%
• JSW Steel – 3.03%
• Tata Motors – 2.88%

Top Nifty50 Losers:

• ONGC – 0.94%
• NTPC – 0.9%
• Adani Enterprises – 0.68%
• Britannia Industries – 0.65%
• UPL – 0.63%

Asian Markets End in the Green:

Major Asian indices ended in the green with Nikkei adding over a percent at 33,681 while Hang Seng gained 1.7 percent at 16,624 level. Kospi was up 0.42 percent and ended the session at 2613 level.

European Markets Trade in the Green:

European markets started the session on December 27 on a positive note with the pan-European Stoxx 600 index climbing 0.4 percent. FTSE added 0.54 percent at 7,739 level while CAC was up 0.22 percent at 7585 mark. German DAX gained 0.2 percent and was trading at 16739 mark.

Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.