Sensex Rallies 610 Points, Nifty Settles Above 15,300 For First Time

 

Sensex Rallies 610 Points, Nifty Settles Above 15,300 For First Time Led By Banks

The Indian equity benchmarks clocked yet another session of record highs on Monday on the back of strong December quarter earnings reported by Indian companies. Indian companies reported a near 49 per cent year-on-year growth in December-quarter profits, the biggest increase in four quarters, Refinitiv data for 220 companies with at least $500 million in market value showed. The Sensex rose as much as 692 points to hit record high of 52,235.97 and Nifty 50 index surpassed above its important psychological level of 15,300 for the first time.