Taking Stock | Terrific Thursday! Sensex back above 40,000; Nifty reclaims 11,800

Episode 2947,   Oct 08, 2020, 12:56 PM

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Indian market witnessed its sixth consecutive day of gains on Thursday as bulls pushed benchmark indices beyond crucial resistance levels. The S&P BSE Sensex reclaimed 40,000 for the first time since February 25 while Nifty closes above 11800.
 
 Let’s look at the final tally on D-Street – the S&P BSE Sensex witnessed profit booking at higher levels but still closed with gains of more than 300 points at 40,182 while the Nifty50 rose 95 points to close at 11,834.