Published on 15/08/2021

Benchmark indices, Sensex and Nifty, touched their fresh record high levels of 55,487.79 and16,543.60, on August 13. Indian markets continued to rise for the second straight week. Strong inflow of funds from both domestic and foreign investors amid favorable global cues and supportive macroeconomic conditions helped benchmark indices to claim new highs. On a weekly basis, BSE Sensex rose 1,159.57 points (2.13 percent) to close at 55,437.29, while the Nifty50 added 290.9points (1.79 percent) to end at 16529.10 levels. In the broader market, the BSE Midcap and Smallcap indices fell 1 percent and 1.7 percent, respectively. However, the BSE Largecap index rose 1.5percent last week.

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