Share Market LIVE: Nifty hits fresh record high, trades above 15,600, Sensex tops 52,000; HDFC, ONGC jump

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Share Market LIVE: Nifty hits fresh record high, trades above 15,600, Sensex tops 52,000; HDFC, ONGC jumpThe Nifty sectoral indices were largely positive, barring Nifty Metal and Nifty Pharma indices. Image: Reuters

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading higher on Monday, amid mixed global cues. BSE Sensex was hovering above 52,100, while Nifty 50 index hit a fresh record high of 15,650. Bajaj-Auto, ONGC, Housing Development Finance Corporation (HDFC), IndusInd Bank, Maruti Suzuki, State Bank of India were among top Sensex gainers. UltraTech Cement, Asian Paints, Dr Redyy’s, TCS, Nestle India, Infosys were among top Sensex laggards. The Nifty sectoral indices were largely positive, barring Nifty Metal and Nifty Pharma indices. Nifty Auto index was up neaely one per cent and Nifty Bank index 0.4 per cent.

India’s gross domestic product (GDP) shrank 7.3 per cent in 2020-21, the sharpest drop in recorded history, according to data released by National Statistical Office (NSO) on Monday. While GDP for the year’s last quarter (January-March 2021) grew by 1.6 per cent. India has now reported two consecutive quarters of GDP expansion, after having witnessed two consecutive quarters of contraction earlier in the financial year when India entered a technical recession.

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