Mumbai, Aug 20 : Positive global cues and recovery in the Indian rupee lifted the benchmark S&P BSE Sensex and NSE Nifty50 to provisionally end at record closing highs on Monday.
Heavy buying activity was witnessed in capital goods, metal and oil and gas stocks, analysts said.
Earlier in the day, both the indices -- BSE Sensex and the NSE Nifty50 -- touched their all-time intra-day high levels of 38,340.69 points and 11,565.30 points respectively.
At 3.30 p.m., the wider Nifty50 of the National Stock Exchange provisionally ended at a fresh closing high of 11,551.75 points, up 81 points or 0.71 per cent from its previous close.
The benchmark S&P BSE Sensex which had opened at 38,075.07 points, closed at 38,278.75, points, higher by 330.87 points or 0.87 per cent from its previous close. It touched an intra-day low of 38,050.69 points.
Sector-wise, the S&P BSE Capital Goods index gained 668.41 points, the metal index rose by 332.36 points and the oil and gas was up 191.82 points by the end of the day's trade.
On the other hand, the IT index declined by 188.84 points, the consumer durable index fell 127.24 points and the Teck (technology, entertainment and media) stocks declined by 76.07 points.
The top gainers at the S&P BSE Sensex were Larsen and Toubro, Tata Motors (DVR), Tata Motors, ONGC, and Tata Steel. On the contrary the majors losers in the day were Infosys, Maruti Suzuki, ICICI Bank, Axis Bank and Hindustan Uniliver.
On Friday, the indices traded on a positive note with the Sensex closing at 37,947.88 points and the Nifty50 at 11,470.75 points.
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New Delhi : The Delhi High Court has clarified that Article 21A of the Constitution, which guarantees free and compulsory education for children up to the age of fourteen, does not confer the right for a child to be educated in a specific school of their choice. Justice C Hari Shankar made this observation while addressing a case involving a 7-year-old girl seeking admission as an economically weaker section (EWS) student in Class II for the academic session 2023-24.
The girl's mother had filed a plea against a school for refusing admission despite her daughter being shortlisted for admission in Class I for the previous academic session through a computerized draw of lots conducted by the Directorate of Education (DoE).
The court noted that the girl had not applied for admission as an EWS student for Class II for the relevant academic year, and without such an application, she had no enforceable right to seek admission in that year to any particular school. The court emphasized that each academic year constitutes a fresh session, and the right to admission as an EWS candidate does not automatically carry forward to the next academic year without the necessary application and draw of lots.
While rejecting the prayer for admission to Class II, the court directed the DoE to ensure that the girl is granted admission as an EWS student in Class II in another school.