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A historic day for Indian markets! The S&P BSE Sensex created history as it moved past its earlier record high of 36,443 records in January 2018 to hit a fresh intraday record high of 36,699.53 but witnessed selling pressure in the second half and closed 0.78 percent higher to a fresh record closing high.
The Nifty50 failed to hit a record high but closed above its crucial level of 11,000 in trade on Thursday.
It looks like investors preferred to book profits at higher levels as the index formed a shooting star kind of pattern which also signals a reversal of the trend.
Overnight selloff in Brent crude prices and positive global markets helped Indian markets to extend gains.
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