Sensex hits 70,000 mark for first time; Nifty crosses 21,000-level

Benchmark Sensex surged past the 70,000-level for the first time in early trade on Monday and the broader Nifty crossed the 21,000-mark as equity market continued with its bullish momentum.

The 30-share Sensex touched its all-time high of 70,048.90 points soon after opening and later marginally shed its gains. Reflecting similar trends, the 50-share Nifty climbed to its high of 21,019.80 points.

At 10:14 am, Sensex was trading 152.87 points higher at 69,978.47, whereas Nifty was trading 39.45 points up at 21,008.85.

The key indices had touched their new lifetime highs on Friday after the Reserve Bank of India (RBI) raised the growth forecast for the current fiscal and kept policy rates unchanged.

The top five gainers on the Nifty 50 were ONGC, Coal India, IndusInd Bank, UPL and Ultratech Cement. On the other hand, the top losers were Dr Reddy’s, Asian Paints, JSW Steel, Cipla and Wipro.



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