Twitter

Facebook

Youtube

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
  Rashtriya Sahara Roznama Sahara
Sensex hits 48,000 for the first time ever
Last Updated : 04 Jan 2021 12:16:43 PM IST

 

The Indian equity indices hit fresh highs on Monday with the BSE Sensex touching the 48,000-mark for the first time.

It has touched an all-time high of 48,168.22 points. Similarly, the Nifty50 on the National Stock Exchange touched a high of 14,114.15 points
 
Hopes on the vaccine front, along with improved auto sales and GST collection data supported the market sentiments on Monday.
 
Around 10.10 a.m., Sensex was trading at 48,096.55, higher by 227.57 points or 0.48 per cent from its previous close of 47,868.98.
 
The Nifty50 on the NSE was trading at 14,094.25, higher by 75.75 points or 0.54 per cent from its previous close.
 
Manish Hathiramani, technical analyst with Deen Dayal Investments said: "We were successful in claiming the 14,000 mark but closed below it. There might be a psychological resistance at this level."

"However, the trend remains bullish and we should be headed higher to 14,100-14,150 sooner than later. The current support is at 13,500-13,600 and since the risk reward is skewed at this juncture, a buy on dips strategy is advised with strict trailing stops."



IANS
Mumbai
For Latest Updates Please-

Join us on

Follow us on


What binds the two most talked about nations - India and Pakistan together? What makes the

Actor Emraan Hashmi is set to don a never-seen-before avatar of the freedom fighter -- Ram

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

172.31.16.186