 "Mahurat Trade: Nifty ends at all-time closing high")
Markets have closed Samvat 2070 on a marginally positive note on the special Mahurat trading session this Diwali, with both the benchmark indices closing near all-time highs.
The BSE S&P Sensex ended higher by 43 points at 21,239 and the 50-share Nifty has advanced 10 points to end at 6,317.
The National Stock Exchange (NSE) CNX Nifty has closed at its all-time closing high at 6,317 today. Earlier in November 5, 2010, the index had closed at 6,312 levels. However, the index is still away from its all-time intra-day high of 6,357 it touched in January 2008.
Meanwhile, the Bombay Stock Exchange (BSE) S&P BSE Sensex has closed new high 21,239.36 today.
The index has opened at 6,332.05 and hit a high of 6,342.95 during day trading, just 14.15 points away from record high of 6,357.10 touched during intra-day trading on January 8, 2008.
Meanwhile, the Bombay Stock Exchange (BSE) S&P BSE Sensex has closed new high 21,239.36 today.
According to Kishor Ostwal, CMD, CNI Research, "Samvat year 2070 should be good for investors specially those missed broader large cap rally".
On the sectoral front, BSE PSU, Healthcare, Auto, FMCG and Metal indices are up nearly 1%. Apafrt from Banks, all the major BSE sectoral indices ended in positive zone.
The main gainers on the Sensex were Tata Motors, JSPL, Sun Pharma, Maruti Suzuki and Tata Power, all gaining between 1-2%.
On the losing side, ICICI Bank, M&M, HDFC, HDFC Bank and L&T have declined between 0.3-1%.
Shares of public sector undertaking (PSU) banks were higher by up to 10%, extending their past two days rally on the National Stock Exchange (NSE).
CNX PSU Bank index rallied over 10% in past three trading sessions after select banks reported better-than-expected earnings for the quarter ended September 2013 (Q2).
Indian Bank, Dena Bank, Syndicate Bank, Central Bank, Andhra Bank and Corporation Bank were up 1-10% on BSE.
Bank of India rallied 29% in past three trading sessions on reporting better than expected numbers both on the operating as well as on the asset quality front.
Rolta India surged over 16% to Rs 74, also its 52-week high on BSE, on back of heavy volumes.
Shares of HOV Services was locked in upper circuit for third day in a row, up 10% at Rs 55.10 on BSE, extending its rally on a media report that the company has put its business processing outsourcing (BPO) company SourceHOV for sale and is expecting a valuation of $1.2 billion.
The broader markets outperformed benchmark indices. BSE Midcap and Smallcap indices surged over 1%.
The overall breadth in BSE ended firm positive as 1,556 stocks advancing while 473 were declining.
The BSE S&P Sensex ended higher by 43 points at 21,239 and the 50-share Nifty has advanced 10 points to end at 6,317.
The National Stock Exchange (NSE) CNX Nifty has closed at its all-time closing high at 6,317 today. Earlier in November 5, 2010, the index had closed at 6,312 levels. However, the index is still away from its all-time intra-day high of 6,357 it touched in January 2008.
Meanwhile, the Bombay Stock Exchange (BSE) S&P BSE Sensex has closed new high 21,239.36 today.
The index has opened at 6,332.05 and hit a high of 6,342.95 during day trading, just 14.15 points away from record high of 6,357.10 touched during intra-day trading on January 8, 2008.
Meanwhile, the Bombay Stock Exchange (BSE) S&P BSE Sensex has closed new high 21,239.36 today.
According to Kishor Ostwal, CMD, CNI Research, "Samvat year 2070 should be good for investors specially those missed broader large cap rally".
On the sectoral front, BSE PSU, Healthcare, Auto, FMCG and Metal indices are up nearly 1%. Apafrt from Banks, all the major BSE sectoral indices ended in positive zone.
The main gainers on the Sensex were Tata Motors, JSPL, Sun Pharma, Maruti Suzuki and Tata Power, all gaining between 1-2%.
On the losing side, ICICI Bank, M&M, HDFC, HDFC Bank and L&T have declined between 0.3-1%.
Shares of public sector undertaking (PSU) banks were higher by up to 10%, extending their past two days rally on the National Stock Exchange (NSE).
CNX PSU Bank index rallied over 10% in past three trading sessions after select banks reported better-than-expected earnings for the quarter ended September 2013 (Q2).
Indian Bank, Dena Bank, Syndicate Bank, Central Bank, Andhra Bank and Corporation Bank were up 1-10% on BSE.
Bank of India rallied 29% in past three trading sessions on reporting better than expected numbers both on the operating as well as on the asset quality front.
Rolta India surged over 16% to Rs 74, also its 52-week high on BSE, on back of heavy volumes.
Shares of HOV Services was locked in upper circuit for third day in a row, up 10% at Rs 55.10 on BSE, extending its rally on a media report that the company has put its business processing outsourcing (BPO) company SourceHOV for sale and is expecting a valuation of $1.2 billion.
The broader markets outperformed benchmark indices. BSE Midcap and Smallcap indices surged over 1%.
The overall breadth in BSE ended firm positive as 1,556 stocks advancing while 473 were declining.