Share/Stock Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) climbed over 1.5 per cent higher to settle at fresh all-time highs on Thursday led by buying across sectors and in heavyweight stocks such as Reliance Industries (RIL) and the HDFC twins- comprising of HDFC Bank and Housing Development Finance Corporation (HDFC).
The S&P BSE Sensex rose 958.03 points (1.63 per cent) to end at a record closing high of 59,885.36. Earlier in the day, the BSE benchmark had surged 1,029.92 points (1.75 per cent) to breach the 59,900-mark for the very first time and hit a fresh record intraday high of 59,957.25.
Likewise, the Nifty 50 climbed 276.30 points (1.57 per cent) to end at an all-time high of 17,822.95. The NSE barometer had earlier breached the 17,800-mark for the first time ever to touch a record high of 17,843.90.
On the Sensex pack, Bajaj Finserv, Larsen & Toubro (L&T), HDFC, Axis Bank, State Bank of India, RIL, IndusInd Bank, HDFC Bank and ICICI Bank were the top gainers of the day. On the other hand, Dr. Reddy’s Laboratories, ITC and Nestle India were among the losers.
Among the sectoral indices, the Nifty Realty index was the top performer of the day surging 8.66 per cent led by Oberoi Realty, Godrej Properties and DLF. The Nifty Financial Services index jumped 2.28 per cent aided by Piramal Enterprises, Bajaj Finserv and HDFC. The key Bank Nifty rose 2.24 per cent led by RBL Bank, Axis Bank and IndusInd Bank.
Among the broader market indices on BSE, the S&P BSE MidCap index ended at 25,489.70, up 323.16 points (1.28 per cent). Gains here were led by Oberoi Realty, Godrej Properties and Indian Hotels. The S&P BSE SmallCap ended at 28,108.92, up 252.82 points (0.91 per cent). Cantabil Retail India, Welspun India and JBM Auto were the top gainers in the smallcap segment.
(with inputs from agencies)