The S&P BSE Sensex touched a lifetime high of 84,694.46 before ending the session at 84,544.31, a lead of 1,359 points or 1.63% from the last close. The broader Nifty50 settled at 25,790.95, up 375.15 points or 1.48%. The 50-stock index hit a new all-time high of 25,849.25 today.
The combined market capitalization of all BSE-listed stocks is Rs. 5.5 lakh crore increased to Rs. 471 lakh crores.
Leading today’s rally were ICICI Bank and HDFC Bank which helped both the benchmarks close at record levels. ICICI Bank itself listed on NSE Rs. A new 52-week high of 1,362.35 was reached. HDFC Bank Rs. 28.70 or 1.68% to close at 1,737.20.
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In the 50-share Nifty, 44 scrips closed in the green. Mahindra & Mahindra (M&M), ICICI Bank, JSW Steel, Larsen & Toubro (L&T) and Coal India were the top gainers while the top losers were Grasim Industries, State Bank of India (SBI), NTPC, IndusInd Bank and Hero MotoCorp.
Sectoral toppers included Nifty Auto, Nifty Bank and Nifty Financial Services which ended with gains of 1.9%, 1.4% and 1.6% respectively. Among the 16 Nifty sectoral indices, Nifty PSU Bank was the only one to close with a minor decline of 0.1%.
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