Indian benchmark indices continued to scale new record highs today(4th August 2021) as in-line earnings and positive global cues lifted the morale. Bank and financial services stocks were in demand while others saw selling.
Broader market indices ended in the red after traders booked profits. However, the volatility indicator cooled off. The return of FIIs also supported the market.
The 30-share pack Sensex climbed 546.41 points or 1.02 percent to close at 54,369.77. Its broader peer NSE Nifty advanced 128.05 points or 0.79 percent to 16,258.80. Both indices closed at record high levels.
However, overall investor wealth came down by Rs 49,576 crore as the total market cap of BSE-listed companies stood at 239.55 lakh crore.
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