The Sensex surpassed 81,000 points for the first time on Thursday, hitting yet another milestone this year, as buying in defensive sectors helped the 30-stock index rally 1,000 points in just 10 days. The top five Sensex gainers in the last 10 sessions were ITC, Hindustan Unilever, Tata Consultancy Services, Infosys and HCL Technologies.
The Sensex and Nifty rose 0.8% each on Thursday to close at record high levels of 81,343.46 points and 24,800.85 points, respectively. Intraday, Sensex hit 81,522.55 points and the Nifty hit 24,837.75 points.
Chokkalingam G, founder of Equinomics Research said it shows investors’ preference for defensives when the market is on peak.
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