City
Epaper

Sensex pares gains after touching fresh record high

By IANS | Updated: December 30, 2020 10:10 IST

Mumbai, Dec 30 The key Indian equity indices traded on a flat-to-negative note on Wednesday morning after opening ...

Open in App

Mumbai, Dec 30 The key Indian equity indices traded on a flat-to-negative note on Wednesday morning after opening in the green.

The BSE Sensex touched an all-time high of 47,807.85 points during the initial trade before shedding the initial gains.

Around 9.40 a.m., it was trading at 47,579.80, lower by 33.28 points or 0.07 per cent from its previous close of 47,613.08.

It opened at 47,789.03 and has so far touched an intraday low of 47,462.03.

The Nifty50 on the National Stock Exchange was trading at 13,932.45. lower by just 0.15 points.

Manish Hathiramani, technical analyst with DeenDayal Investments said: "The markets seem a little nervous to hit the 14,000 mark. We have gone around that level yesterday and today. It is really a mere formality to achieve that as the Nifty seems poised to conquer 14,100 as a potential target."

"A good support lies at 13,600 so traders can consider buying into this trend during any intraday correction," he said

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPutin terminates plutonium disposal agreement with US

EntertainmentGlen Powell thinks fame is exhausting

InternationalIndia, Srilanka discuss new ferry route between Rameshwaram and Talaimannar

InternationalUganda President Museveni commends India's entrepreneurial spirit at Diwali dinner

MumbaiFake BARC Scientist Case: Mumbai CIU Nabs Jharkhand Man for Forging Educational Certificates

Business Realted Stories

BusinessTripura CM emphasises strengthening Kisan Rail, promoting agri-based branding

BusinessSeven electronics component projects worth Rs 5,532 crore approved under ECMS, Set to create more than 5 thousand new jobs

BusinessNo substance in Washington Post report on LIC investments, says Advocate HP Ranina

BusinessGadkari highlights investment potential in India's maritime sector

BusinessPiyush Goyal in Brussels: India, EU push mutually beneficial FTA negotiations