Market at close: Sensex, Nifty end with minor gains but hit record highs

By Vivek Dubey

CNBC-TV18.com

Published July  16, 2024

Market closes with minor gains but at a record high amid volatility.

Nifty closes above 24,600 for the first time; ICICI, Bharti & HUL top contributors.

RIL & Kotak Bank limit gains, drag Nifty by 43 points.

Sensex rises 52 points to 80,717 & Nifty 26 points to 24,613.

Nifty Bank slips 59 points to 52,397 & Midcap Index remains unchanged at 57,664.

Coal India is top Nifty gainer, rises 3% after a positive brokerage note.

Bajaj Auto ends in the green following a healthy set of earnings in Q1.

Paytm falls 2% on administrative warning from SEBI for related party transactions.

Life insurance companies trade higher; LIC up 5%, SBI Life & ICICI Pru rise up to 3% from lows.

Telecom stocks move higher on hopes of AGR relief; stocks rise up to 2%.

Hatsun Agro, SpiceJet react to quarterly earnings, gain up to 4% each.

Zomato sees profit booking, closes with a cut of more than 4%.

Alembic Pharma continues to see buying ahead of quarterly earnings, up 12%.

Cipla ends in the red following tax order worth ₹770 crore from Income Tax Dept.

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