The record run continued on Dalal Street with Nifty ending higher for 13th consecutive sessions on September 2, supported by bank, FMCG and Information Technology names.
At close, the Sensex was up 194.07 points or 0.24 percent at 82,559.84, and the Nifty was up 42.80 points or 0.17 percent at 25,278.70.
BSE Sensex and Nifty touched fresh all-time high of 82,725.28 and 25,333.65, respectively.
Bajaj Finserv, Bajaj Finance, HCL Technologies, Bajaj Auto and Hero MotoCorp were among the top gainers on the Nifty, while losers were Grasim Industries, Kotak Mahindra Bank, Adani Enterprises, Coal India and Nestle India.
Except bank, FMCG and IT, all other sectoral indices ended in the red with capital goods, metal, healthcare, telecom and media down 0.4-1.6 percent.
The BSE midcap index also hit fresh record high but ended on a flat note, while smallcap index was down 0.5 percent.
More than 300 stocks touched their 52-high on the BSE, including, Bajaj Finserv, Bajaj Holdings, Bharti Airtel, Colgate Palmolive, Godrej Industries, Gujarat State Petronet, Gujarat Gas, HCL Technologies, HPCL, Indraprasta Gas, Infosys, ITC, Kalyan Jewellers, Lupin, M&M Financial, Persistent Systems, Pfizer, PI Industries, Piramal Pharma, Radico Khaitan, Sun Pharma, TCS, TVS Motor, UNO Minda, among others. Click to view full list
Outlook for September 3
| Index | Prices | Change | Change% |
|---|---|---|---|
| Sensex | 84,465.05 | -1.46 | 0.00% |
| Nifty 50 | 25,873.65 | -2.15 | -0.01% |
| Nifty Bank | 58,355.15 | 80.50 | +0.14% |
| Biggest Gainer | Prices | Change | Change% |
|---|---|---|---|
| Asian Paints | 2,878.20 | 108.40 | +3.91% |
| Biggest Loser | Prices | Change | Change% |
|---|---|---|---|
| Eternal | 298.20 | -10.60 | -3.43% |
| Best Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty Infra | 9594.35 | 34.70 | +0.36% |
| Worst Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty PSU Bank | 8296.25 | -63.50 | -0.76% |
Rupak De, Senior Technical Analyst, LKP Securities
The Nifty failed to surpass the opening high after a positive start. Heavy call writing was observed at the 25,300 strike, and overall, call writers significantly outnumbered put writers throughout the day.
In the near term, the trend might remain sideways to negative as long as it stays below 25,300. On the lower end, however, the correction may be limited to 25,000, where significant put writing has been observed.Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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