City
Epaper

Sensex pares gains after touching fresh record high

By IANS | Published: December 30, 2020 9:58 AM

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

NationalMaharashtra Election 2024: Lokshahi Exit Polls Project Big Reverses for MahaYuti, Major Gains for MVA

InternationalEgypt, Israel, US to meet on reopening Rafah crossing: Report

Other SportsDinesh Karthik posts emotional letter confirming retirement from cricket

NationalWorld’s highest polling station, Tashigang in Himachal, sees 79 per cent turnout

NationalAxis My India Exit Polls project BJP making debut in Kerala, win seats in Tamil Nadu

Business Realted Stories

BusinessPF members can update or correct their profile data online: EPFO

BusinessAgniKul Cosmos in advance talks with 13 customers, says co-founder Srinath Ravichandran

BusinessTransforming Lives with Innovative Microtia Surgery: Dr. Vijay ENT Hospital's Expertise

BusinessBlack Box Limited announces financial results for Q4 and FY24

BusinessSaregama Live's Popular Theatrical 'Disco Dancer - The Musical' Will Dazzle Its Way to Australia for the First Time Ever