New Delhi: The equity index surged to record the highest on Thursday with the BSE Sensex benchmark closed above 400 points led by banking shares.
The 30-share BSE index violated 59,000 marks in the opening session and closed 418 points or 0.71 percent higher at a new record of 59,141.
While the wider NSE settled 110 points or 0.63 percent to reach a new peak of 17,629.
Indusind Bank, ITC, SBI, Reliance, Bank Box and ICICI Bank are the main enhancer in the sensex package up 7.3 percent.
While TCS, Tata Steel, Tech Mahindra, Bharti Airtel, HCL Tech and Dr.
Reddy are the main losers down to 1.32 percent.
On the NSE platform, sub-index Nifty Bank PSU, private banks, banks and financial services rose to 5.43 percent.
The S & P BSE Telecom index rose 1.2 percent, with the idea of vodafone which was full of debt jumped nearly 26 percent after the Union Cabinet on Wednesday approved the assistance package for the cash sector.
“It seems that the ITC has caught the eyes of investors given enough to be appreciated for a while, against the colleagues who were brought too large in the FMCG basket (fast-moving consumer goods),” Likhita Chepa, a global senior analyst told the Reuters news agency.
Meanwhile, foreign institutional investors (FIIS) are clean buyers in the capital market because they buy shares worth Rs 232.84 Crore on Wednesday, according to temporary exchange data.
(With input from agency)
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