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No Monday blues on D-Street! It’s a record closing high for Sensex, Nifty

Monday,   20-Aug-2018   03:59 PM (IST)

Positive global cues, a recovery in rupee along with a rally in banks and index heavyweights helped the market kick off the week on a very strong note. Both indices managed to end at record closing highs.The Nifty managed to hit 11,500 for the first time ever, while the Sensex comfortably traded above 38,000-mark. Strong cues dominated the activity on D-Street through the day and marginally off the high point of the day.At the close of market hours, Sensex closed up 330.87 points or 0.87% at 38278.75, and the Nifty ended higher by 81.00 points or 0.71% at 11551.80. The market breadth is positive as 1,455 shares advanced, against a decline of 1,280 shares, while 190 shares were unchanged.