The broader NSE Nifty50 traded above the 17,900-mark. It opened at 17,897.45 points from its previous close of 17,822.95 points.
Bajaj Finserv was the top gainer in the Sensex pack, rising over 4 per cent, followed by L&T, HDFC, Axis Bank, SBI, Reliance Industries and IndusInd Bank.
Both key indices, S&P BSE Sensex and NSE Nifty50, made new record highs. The Sensex crossed the 59,500 mark, while Nifty breached the 17,700 level.
According to Likhita Chepa, senior Resaerch Analyst, CapitalVia Global Research: "Sentiments got boost as government has approved a big-bang relief package for the stressed telecom sector."
The 30-share Sensex was trading 260.26 points or 0.45 per cent higher at 58,390.21, and Nifty advanced 75.75 points or 0.44 per cent to 17,399.35 in initial deals.
Titan was the top gainer in the Sensex pack, rising around 2 per cent, followed by Reliance Industries, Kotak Bank, SBI, NTPC and IndusInd Bank.
The top gainers on the Sensex were Bajaj Finserv, Bharti Airtel and Bajaj Finance.
The next 1,000 points-level was scaled in less than a week as the benchmark climbed the 56,000-peak for the first time in intra-day on August 18.
Titan was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finance, Tata Steel, M&M, Maruti, L&T, Reliance Industries and HDFC.
Tata Steel was the top gainer in the Sensex pack, rising around 1 per cent, followed by NTPC, L&T, HDFC, Nestle India, ICICI Bank and Bajaj Finserv.
NSE Nifty50 traded lower. It fell to 16,433.10, lower by 135.75 points or 0.82 per cent from its previous close.
After scaling a fresh lifetime high of 55,854.88 during the day, the 30-share index settled 209.69 points or 0.38 per cent higher at 55,792.27, while the broader NSE Nifty advanced 51.55 points or 0.31 per cent to 16,614.60.
The top gainers on the Sensex were Bharti Airtel, Tech Mahindra and Kotak Mahindra Bank.
Shares of Vodafone Idea plunged further on Thursday after Kumar Mangalam Birla stepped down as its Non-Executive Chairman.
The key Indian equity indices surged on Wednesday morning with the BSE Sensex crossing the 54,000-mark for the first time ever.
After a massive response to its IPO, online food delivery platform Zomato recorded a robust debut on the stock market on Friday.
Amid a positive trend in global markets, Equity benchmark Sensex rallied over 500 points in early trade on Thursday.
Bull run continued on the Indian equity market on Tuesday with the BSE Sensex crossing the 53,000-mark for the first time.
Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities.
Equity benchmark Sensex rallied 613 points to settle above the 50,000-mark on Tuesday. Meanwhile, gold rose by Rs 333 to Rs 47,833 per 10 gram
The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex reclaiming the 50,000 mark.
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Mumbai: Freefall in the Indian stock markets resumed on Friday as both Nifty50 on the National Stock Exchange and the BSE Sensex hit their lower circuit and trading was halted for the next 45 minutes. The BSE Sensex fell over 3,000 points to trade at below the 30,000 mark. The index is currently at 29,687.52, lower […]
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Mumbai: Market benchmark Sensex jumped over 200 points on Wednesday tracking gains in index heavyweights HDFC twins, Infosys and Reliance Industries as global stocks recovered from the previous day’s losses. The 30-share BSE index was trading 204.30 points or 0.49 per cent higher at 41,528.11. Similarly, the broader NSE was trading 46.70 points, or 0.38 […]