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Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%

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Following the footsteps of the S&P BSE Sensex, the 50 too vaulted to a new life-time high in trades on Monday. The registered a summit at 18,614 led by strong gains in index heavyweight Reliance Industries. 
The 50, however, pared some of its gains still ended at a record closing high at 18,563, up 50 points.


Meanwhile, the Sensex registered a fresh all-time high for the third straight trading session. The index hit a high of 62,701, and eventually settled 211 points higher at 62,505.




That apart, Nestle India, Asian Paints, Bajaj Finserv and ICICI Bank were the notable gainers among the Sensex 30 shares. On the flip side, Tata Steel, HDFC Bank and Bharti Airtel slipped over a per cent each.

 


Primary Market Update: 


Dharmaj Crop Guard IPO sailed through on Day 1 of the offer period. The Rs 251.15 crore compromising of nearly 10.60 million shares was subscribed up to 1.21 times as of 03:40 PM. The retail investors portion was subscribed 1.87 times, while the QIBs and HNI quotas received bids up to 35 per cent and 80 per cent, respectively.

 



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