MARKET LIVE: Sensex up 500 points, holds 52,000; midcap index outperforms

February 15, 2021 0 By boss

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LIVE market updates: The Indian were parked near their fresh lifetime highs logged in Monday’s intra-day trade, with financial counters contributing in a major way.

Among the headline indices, the S&P scaled the 52,000-mark for the first time ever, and was trading 520 points up at 52,070 levels. The broader Nifty50 index also hovered above 15,300. Axis Bank (up 4%) was the top gainer, followed by ICICI Bank, Bajaj Finance, and State Bank of India (all up 3%).

The Nifty sectoral indices were painted green, led by Nifty Private Bank index, up 1.7 per cent. Meanwhile, the Nifty Bank index topped the 37,000-mark for the first time.

In the broader markets, the S&P MidCap zoomed 1.5 per cent while the SmallCap index was up half a per cent.



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