BusinessSensex Crosses 40,000 Mark, Nifty Tops 12,000 As Markets Near Record Highs
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Sensex Crosses 40,000 Mark, Nifty Tops 12,000 As Markets Near Record Highs
Sensex, Nifty near all-time highs registered on May 23
HDFC Bank, TCS, Asian Paints contribute most to Sensex gains
Analysts say rally expected to continue till Budget
Buying across sectors - primarily state-run banks, auto and energy stocks - led the upmove.
At 11:21 am, the Sensex traded 265 points - or 0.66 per cent - higher at 40,096, while the Nifty was up 82 points - or 0.68 per cent - at 12,027.45.
Top gainers on the 50-scrip benchmark index at the time were Asian Paints, Bharat Petroleum, Indian Oil, Tata Consultancy Services (TCS), NTPC and Coal India, trading between 2.95 per cent and 4.80 per cent higher.
HDFC Bank, TCS and Asian Paints contributed the most to the advances...