Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty ended the day with gains, continuing to surge higher for the second day straight. S&P BSE Sensex ended 364 points higher at 38,799 while the Nifty 50 managed to close at 11,466. Banks and other financial stocks were the top gainers on Dalal Street today marching upwards strongly. Kotak Mahindra Bank and IndusInd Bank gained over 3% each while Bajaj Finance was just shy of the 3% mark. Powergrid, Mahindra & Mahindra, and Tech Mahindra were the worst performing stocks on Sensex. Volatility was down 4%. All sectoral indices, except Nifty Pharma and Nifty IT were trading with gains.
Foreign Portfolio investors (FPI) continue to pour funds into domestic markets amidst excess liquidity. FPIs have invested Rs 40,262 crore into equities and Rs 1,068 into debt in the month of August. Unless things change drastically, this will be the third month of FPIs buying into domestic markets. Although India is one of the biggest beneficiaries of the excess global liquidity, other emerging markets too are getting FPI flows, although not in such large numbers.