Stocks Markets Today: All you need to know about Nifty closing at record high - AGAIN!
Volumes on the NSE were higher than recent average and advance decline ratio was also very positive. Among sectors, Metals, IT, Auto, Pharma, PSU Bank rose the most, while Bank Nifty ended marginally in the negative. World stock markets hit record highs on Monday, the first trading day of the New Year, as investors hoped the rollout of vaccines would ultimately lift a global economy ruined by the COVID-19 pandemic. A possible tightening in virus rules for Tokyo pulled Japanese stocks off 30-year highs.
HDFC Securities says Nifty has closed at another record high with breadth of the markets improving even further. The post holiday upbeat mood should sustain for another 1-2 sessions: Reuters