Sensex hits record high


Indian equity indices extended gains led by Infosys, SBI, ICICI Bank and TCS.

At 2:07 PM, BSE Sensex was trading at 33,929, up 173 points and the broader Nifty50 index was ruling at 10,485, up 45 points.

In broader markets, the BSE Miidcap and BSE Smallcap indices were up 0.28% and 0.67%, respectively.

TCS was up 1% after report indicated that the company renewed $2.25 bn deal with Nielsen till 2020 and also after Accenture earnings.

Shares of Navin Fluorine International extended gains for the sixth consecutive session and rose over 3% after the company revealed its Rs115cr capacity expansion plan.

Shares of SRS Ltd were up 3% after the company said it is in the process to sell its grocery retail business for Rs320 mn.

Shares of eClerx Services extended gains and rose nearly 4% on the company's share buyback plan.

Among sectors, PSU Bank, IT, Nifty Auto and Nifty FMCG were up, while Nifty Metal index was down 0.42%. The latter was the sole laggard among sectoral indices.

Infosys (+2.1%), Airtel (+1.98%), ONGC (+1.68%), SBI (+1.5%) and TCS (+1.3%) were the top gainers on the Nifty50.

Lupin (-0.98%), Vedanta (-0.80%), UltraTech (-0.73%), Dr. Reddy’s (-0.71%) and UPL (-0.68%) were the top losers in today’s trade.

India VIX dropped 2.31%.

Out of 1,994 stocks traded on the NSE, 1,060 advanced, 577 declined and 357 remained unchanged today.

A total of 105 stocks registered a fresh 52-week high in trade today, while two stocks touched a new 52-week low on the NSE.

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