Share/Stock Market Highlights: The topline equity indices on the BSE and National Stock Exchange (NSE) surged nearly 1 per cent higher to settle at a fresh record highs on Thursday led by information technology (IT), fast moving consumer goods (FMCG) and pharmaceutical stocks.
The S&P BSE Sensex jumped 514.33 points (0.90 per cent) to end at a fresh record closing high of 57,852.54. Likewise, the Nifty 50 climbed 157.90 points (0.92 per cent) to end at an all-time high of 17,234.15. The NSE barometer had earlier in the day touched a record high of 17,245.50.
Tata Consultancy Services (TCS), Hundustan Unilever (HUL), Ultratech Cement, Dr. Reddy’s Laboratories, Nestle India, Kotak Mahindra Bank were among the top gainers of the day on Thursday while Mahindra & Mahindra (M&M), Bajaj Auto, Bajaj Finserv and Bajaj Finance were among the top laggards.
Among the sectoral indices on NSE, the Nifty IT index surged 1.67 per cent led by MindTree and TCS. The FMCG index climbed 1.64 per cent aided by Varun Beverages, Marico, Godrej Consumer Products and Jubilant Foodworks. The Nifty Pharma index too rose 0.97 per cent aided by Cipla, Aurobindo Pharma and Dr. Reddy’s.
In the broader market, the S&P BSE MidCap index ended at 24,297.51, up 224.93 points (0.93 per cent), while the S&P BSE SmallCap settled at 27,195.12, up 215.23 points (0.80 per cent).
(with inputs from agencies)