India

Share Market: Sensex & Nifty Scale New Peaks; IT Companies Major Gainers

By
OB Bureau

Mumbai/New Delhi: Riding high on FII buying, domestic share market indices Sensex and Nifty scaled new peaks on Thursday.

Starting on a high note in the morning, BSE Sensex gained 285 points and crossed 61,000. It had gone up to 61,040 till 1 pm. Similarly, NSE Nifty reached 18,267 by gaining 105 points from yesterday. Both the points are record high for Sensex and Nifty.

According to trading experts, the market was driven mostly by high purchase by Foreign Institutional Investors (FIIS). Wipro, Adani Ports, Grasim, ITC and IOC were among major Sensex gainers of the day.

On the sectoral front, all the Nifty sectoral indices were trading in the green. Bank Nifty was up by 0.23%, while Nifty Auto gained 1.18% and Nifty IT 2.5%.

IT companies had also gained high in yesterday trading with Wipro leading the pack. Tata Motors had also registered major gains.

OB Bureau

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