Mumbai: Extending his victory to the sixth consecutive session, Equity Benchmark Sensex rose 569 points to close at the new peak on Thursday, driven by the increase in the Twins HDFC index, ICICI Bank and ITC amid positive macro cues and optimistic global markets.
Closing above 61,000-mark for the first time, Sensex 30-stock settled 568.90 points or 0.94 percent higher at 61,305.95.
Likewise, Nifty jumped 176.80 points or 0.97 percent to a high lifetime height of 18,338.55.
ITC is the top enhancer in the sensex package, up about 3 percent, followed by HDFC Bank, PowerGrid, ICICI Bank, Bank Indusind and NTPC.
On the other hand, TCS, HCL Tech, Bajaj Finance and Asia Cat are among sluggish.
“The Indian market supports optimistic moods supported by a positive global market, advantageous inflation data and upmove in its stock participating in a strong income score card by sector majors,” said Vinod Nair, Head of Research at Geojit Financial Services, said wholesale price inflation.
Equally subsided to 10.66 percent in September, assisted by modering food prices even when crude oil witnessed a surge.
Retail inflation in September was too slowed to a five-month low of 4.4 percent at moderate food prices.
“Banking stocks also contribute to the rally.
And stay focused because this sector is set to start the income season,” Nair added.
Elsewhere in Asia, the exchange in Seoul and Tokyo ended with strong profits, while Shanghai was in red.
The stock market in Europe was traded on a positive note in the mid-session agreement.
Meanwhile, Brent Crude’s international oil benchmark rose 1.02 percent to $ 84.03 per barrel.
Sensex enlarges 569 points for fresh records; Nifty tops 18,300-mark
