The Domestic equity market BSE Sensex and Nifty were trading at record high levels on Thursday.
BSE Sensex topped 61,000, and NSE Nifty crossed 18250 for the first time ever.
Infosys, Tech Mahindra, ITC, L&T, NTPC, Tata Steel, Maruti Suzuki, HCL Tech, UltraTech Cement, RIL, were among top Sensex gainers. Power Grid Corporation of India, M&M, Housing Development Finance Corporation (HDFC), Bharti Airtel, IndusInd Bank were among top index losers.
Equity market ended higher for the fifth consecutive session on Wednesday, tracking gains in Reliance Industries, ITC and Infosys amid a positive trend in global markets.
On the sectoral front, all the Nifty sectoral indices were trading in the green. Bank Nifty was up 0.23 per cent, Nifty Auto gained 1.18 per cent, and Nifty IT added 2.5 per cent.
The country’s second-largest software services exporter, Infosys on Wednesday beat Street estimates on all the fronts in its July-September earnings. The company also raised its full-year revenue guidance to 16.5-17.5% from 14-16% projected earlier on the back of continued strong business pace. IT company Wipro posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021. The company had posted a net profit of Rs 2,484.4 crore in the same period a year ago.
Sensex ended 452.74 points or 0.75 per cent higher to a new closing peak at 60,737.05 and Nifty rallied 169.80 points or 0.94 per cent to 18,161.75.
Sensex and Nifty logged record highs of 60,836.63 and 18,197.80 during the session.
Foreign institutional investors (FIIs) bought shares worth Rs 937.31 crore on October 13, and domestic institutional investors (DIIs) offloaded shares worth Rs 431.72 crore, as per provisional data available on NSE.
