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Stock market indices at new record highs: Sensex at 53,270, Nifty tops 15,950

09:26 AM Jul 16, 2021 | FPJ Web Desk

The stock market indices opened at new record highs on Friday (July 16). Sensex rose 111.99 points or 0.21 percent at 53,270.84. The Nifty was up 36.20 points or 0.23 percent at 15,960.40. Wipro, ITC were top gainers.

Asian shares decline

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Asian shares fell in morning trade as investors await the Bank of Japan's monetary policy statement. The Nikkei 225 in Japan fell 0.84 percent in the morning trade while the Topix index slipped fractionally. South Korea's Kospi declined 0.52 percent.

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Quarterly earnings today

HDFC Asset Management Company, Den Networks, GNA Axles, Just Dial, L&T Finance Holdings, Maximaa Systems, Starlog Enterprises, and Visagar Polytex will release quarterly earnings today.

Eight stocks--Granules India, Indiabulls Housing Finance, Vodafone Idea, NALCO, NMDC, Punjab National Bank, SAIL and Sun TV Network are under the F&O ban for July 16.

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