The market on November 15 saw renewed buying interest after a day of correction and consolidation, and moved further closer to its record high which is around 200 points away from current levels on the Nifty50, tracking positive trend in Asian counterparts.
The BSE Sensex gained nearly 250 points to end at a record closing high of 61,873, while the Nifty50 climbed 74 points to 18,403 and formed a bullish candle on the daily charts.
But the broader markets remained lacklustre with the Nifty Midcap 100 index up 0.01 percent and Smallcap 100 index rising 0.26 percent due to negative breadth. About 1,049 shares declined against 943 advancing shares on the NSE.
The volatility remained at comfortable levels, helping bulls keep control over Dalal Street. India VIX, the fear index, fell by 1.84 percent to 14.64 levels.