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Share Market: Sensex closed flat after falling from record high, Nifty reached new high

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After reaching a record high Sensex closed flat, Nifty made a new record.

Mumbai:

The Sensex closed stable on Wednesday amid a mixed trend in global markets. However, the Sensex touched its new all-time high during the day’s trading. BSE’s 30-share Sensex rose to its new all-time high of 56,198.13 points in early trade. In the end, it closed at 55,944.21 with a loss of 14.77 points or 0.03 percent. The Nifty of the National Stock Exchange closed at a new record level of 16,634.65 with a gain of 10.05 points or 0.06 percent. It also touched its all-time high of 16,712.45 points during the day’s trading.

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Among the companies included in the Sensex, the share of TCS climbed the most by more than one percent. Shares of Infosys, Reliance Industries, Hindustan Unilever, Nestle India and ITC were also gainers. On the other hand, Bajaj Finserv, Titan, Maruti, Bharti Airtel and Tata Steel declined.

Vinod Modi, Head of Strategy, Reliance Securities, said, “The domestic market moved in a narrow range before futures and options settlement. Barring IT, metals and FMCG, stocks in most sectors went into losses in the last hour of trading.

In other Asian markets, Hong Kong’s Hang Seng and Japan’s Nikkei declined. China’s Shanghai Composite and South Korea’s Cospi were among the gainers. European markets were mixed in afternoon trade. Meanwhile, international benchmark Brent crude fell 0.36 per cent to $70.16 per barrel.

(This news has not been edited by NDTV team. It has been published directly from Syndicate feed.)

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