Sensex tops 58900, Nifty above 17,500 in morning trades

Domestic share market benchmarks were trading at fresh high records on Thursday

 

Indian share market benchmarks Bombay Stock Exchange Sensex and broader NSE Nifty 50 were trading at new record high levels on Thursday, a day of weekly F&O expiry.

 

The BSE Sensex was at 58,843.62, up by 120 points or 0.21 percent and the broader Nifty 50 index was almost 25 points or 0.14 percent high, at 17,544.65.

 

On sectoral front, aside from Nifty IT, all the indices were trading in gains. Bank Nifty gained over half a per cent, surging over 37,000 levels.

 

IndusInd Bank is the top gainer in Sensex pack, rising over 8.14 percent, followed by ITC, State Bank of India (SBI), Power Grid Corporation of India, Kotak Mahindra Bank, Dr Reddy’s Laboratories and Asian Paints.

 

Tech Mahindra was the top Sensex loser, fell 0.85 percent, followed by TCS, Bharti Airtel, HDFC Bank, Titan Tata Steel.

 

In the previous share market session, the benchmarks Sensex settled at 58,723.20 and the broader Nifty to its new closing high of 17,519.45.

 

In the international market, the Asian benchmarks, bourses in Tokyo, Shanghai, Seoul and Hong Kong were trading in the negative territory in mid-session deals.

 

And, US equities ended on a positive note in the overnight session.

India Scanner News Network

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