Senses zooms 861.68 points during week

Mumbai, Dec 19 (Agency) Continuing it’s upward streak for the seventh straight week, the Sensex zoomed up by 861.68 points or 1.87 per cent to settle at 46,960.69 on positive global cues. Robust inflows from foreign institutional investors and improving domestic economic scenario too boosted the investor’s risk appetite. The undertone of the market was upbeat following the progress made in coronavirus vaccine along with consistent improvement in recovery rate of COVID-19 cases. The Nifty 50 index gained 246.70 points or 1.83 per cent to settle at 13,760.55. The BSE Mid-Cap index added 279.86 or 1.60 per cent to settle at 17,801.18. The BSE Small-Cap index rose 216.52 points or 1.23 per cent to settle at 17,769.10. On Monday the barometer index, the S&P BSE Sensex, rose 154.45 points or 0.34 per cent at 46,253.46. The Nifty 50 index gained 44.30 points or 0.33 per cent at 13,558.15. On Tuesday it added 9.71 points to settle at 46,263.17. Nifty added 9.70 points to settle at 13,567.85.

On Wednesday the Sensex, jumped 403.29 points to settle at 46,666.46. Nifty advanced 114.85 points to settle at 13,682.70. On Thursday, the Sensex, added 223.88 points to settle at 46,890.34. Nifty advanced 58 points to settle at 13,740.70. On Friday the Sensex rose 70.35 points to settle at 46,960.69. Nifty added 19.85 points to settle at 13,760.55. Indices managed to extend their winning streak to the sixth consecutive session.