MARKET UPDATE:Sensex hit a fresh lifetime high of 44,825 while Nifty surpassed the 13,100-mark
Published On: Wednesday, November 25, 2020 | By: Team KnowMyStock
The Indian markets extended their record-breaking run today(25th November 2020) on the back of favourable global cues.
Among headline indices, the S&P BSE Sensex rose 250 points to hit a fresh lifetime high of 44,825 while the Nifty50 index surpassed the 13,100-mark. ONGC (up 5%) was the top Sensex gainer, followed by State Bank of India, ICICI Bank, Tata Steel, and Axis Bank (all up 1%).
Meanwhile, HDFC Bank joined the elite club of Rs 8-trillion market capitalization (market-cap) on the BSE, after its share price hit a new high of Rs 1,464 after rising nearly 2 percent today.
The majority of the Nifty sectoral indices were trading in the green, led by the Nifty Bank index, which rose 1.2 percent to an over a 9-month high while surpassing the level of 30,000.
In the broader market, the S&P BSE MidCap and SmallCap indices were trading 0.12 percent and 0.3 percent higher, respectively.