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MUMBAI: The sensex gained another 372 points on Thursday to extend its record-breaking rally to a fifth day on the back of strong foreign fund buying and closed near the 72.5k mark on the day December derivatives contracts expired.
Markets opened on a positive note with the sensex up about 200 points, picked up gains through the session to record a new life-high level at 72,484 points and closed a tad off that mark at 72,410 — up 372 points or 0.5%.
The day’s gains came on the back of a Rs 4,359-crore net infusion by foreign funds while domestic funds were muted at a net buying figure of Rs 137 crore, BSE data showed. The rally added about Rs 1.1 lakh crore to investors’ wealth, with BSE’s market capitalisation now at a record Rs 369.1 lakh crore.
The sensex gained another 372 points on Thursday to extend its record-breaking rally to a fifth day on the back of strong foreign fund buying and closed near the 72.5k mark on the day December derivatives contracts expired.
Markets opened on a positive note with the sensex up about 200 points, picked up gains through the session to record a new life-high level at 72,484 points and closed a tad off that mark at 72,410 — up 372 points or 0.5%.
The day’s gains came on the back of a Rs 4,359-crore net infusion by foreign funds while domestic funds were muted at a net buying figure of Rs 137 crore, BSE data showed. The rally added about Rs 1.1 lakh crore to investors’ wealth, with BSE’s market capitalisation now at a record Rs 369.1 lakh crore.
Markets opened on a positive note with the sensex up about 200 points, picked up gains through the session to record a new life-high level at 72,484 points and closed a tad off that mark at 72,410 — up 372 points or 0.5%.
The day’s gains came on the back of a Rs 4,359-crore net infusion by foreign funds while domestic funds were muted at a net buying figure of Rs 137 crore, BSE data showed. The rally added about Rs 1.1 lakh crore to investors’ wealth, with BSE’s market capitalisation now at a record Rs 369.1 lakh crore.
The sensex gained another 372 points on Thursday to extend its record-breaking rally to a fifth day on the back of strong foreign fund buying and closed near the 72.5k mark on the day December derivatives contracts expired.
Markets opened on a positive note with the sensex up about 200 points, picked up gains through the session to record a new life-high level at 72,484 points and closed a tad off that mark at 72,410 — up 372 points or 0.5%.
The day’s gains came on the back of a Rs 4,359-crore net infusion by foreign funds while domestic funds were muted at a net buying figure of Rs 137 crore, BSE data showed. The rally added about Rs 1.1 lakh crore to investors’ wealth, with BSE’s market capitalisation now at a record Rs 369.1 lakh crore.
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