Sensex, Nifty maintain record run as RIL rallies

Mumbai, June 14

The Sensex and Nifty erased initial losses to finish at fresh lifetime highs on Monday, buoyed by brisk buying in market heavyweight Reliance Industries. Positive global cues and a declining trend in new Covid cases added to the momentum, traders said.

Rising for the third straight session, the Sensex ended 76.77 points higher at its new closing peak of 52,551.53. Similarly, the NSE Nifty advanced 12.50 points to a record 15,811.85.

Third straight session of gains

• Rising for the third straight session, the Sensex ended 76.77 points higher at its new closing peak of 52,551.53. The Nifty advanced 12.50 points to a record 15,811.85
• Reliance Industries topped the Sensex gainers’ list with a jump of 1.46%, followed by Bajaj Finance, ONGC, Infosys, PowerGrid, L&T and IndusInd Bank

Reliance Industries topped the Sensex gainers’ list with a jump of 1.46%, followed by Bajaj Finance, ONGC, Infosys, PowerGrid, L&T and IndusInd Bank.

On the other hand, Kotak Bank, HDFC, Sun Pharma, Bajaj Auto, NTPC, Maruti and HDFC Bank were among the major laggards, shedding up to 1.51%.

Meanwhile, shares of Adani Group companies plunged after reports said the NSDL has frozen the accounts of the three foreign funds that are among the top stakeholders in the firms. — PTI

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