Shares of Astrazeneca Pharma soared over 5% after the WHO has granted an emergency authorization to the company’s coronavirus vaccine.
The Sensex scaled a record high of 52,516 & Nifty hit a record high of 15,431 level in early trade.
Axis Bank, ICICI Bank, SBI, Bajaj Finance and IndusInd Bank were among major gainers on the Nifty.
In an interview with Money9, Hiren Ved, Director, CEO, and CIO of Alchemy Capital Management, shares his views on the ongoing rally
Indian benchmark indices did a gap up opening on Monday as Sensex jumped 462 points at 52,009. The broader market index Nifty50 opened at 15,290 up 12
Benchmark equity indices BSE Sensex and NSE Nifty opened higher on February 12 following heavy buying in IT and banking majors.
Markets in China, Japan, South Korea and Taiwan were closed for holidays.
At close, Sensex was up 222 points or 0.43% at 51,531, and the Nifty was up 66 points or 0.44% at 15,173.
Nifty50 closed 3 points, or 0.02% lower at 15,106 levels.
Domestic equity benchmarks reversed early gains and hit the day’s low in morning trade.