The 30-share index opened at 15,802.19 and is presently trading sturdily. It also touched its all-time high of 15,828.98. The stocks from telecom, auto, IT and banking led the advancements.
Both Indiabulls and Indiabulls Real Estate have seen a significant upmove in the recent times, but looking at the financials of both companies, both stocks may see higher valuations in the days to come.
As the real estate market had a bit of slow-down, the market players were expecting the companies to have some effect on their topline, but Indiabulls real estate has shown good numbers and the market might reward this strong performance.
After touching an intraday high of 15,683.03 and low of 15,524.68, the BSE Sensex finally settled at 15,565.55 after making a gain of 15.42 points, whereas the broad-based NSE Nifty ended at 4,566.05, up 3.95 points.