The BSE Sensex vaulted 958 points to scale a fresh lifetime high on Thursday, propelled by across-the-board buying amid a positive trend in global equities despite hawkish comments from the US Fed.
Robust gains in the rupee further buoyed sentiment, traders said.
Reversing the previous session’s lethargy, the 30-share BSE Sensex zoomed 958.03 points or 1.63 per cent to end at an all-time high of 59,885.36. It scaled a new peak of 59,957.25 during the day.
Similarly, the broader NSE Nifty soared 276.30 points or 1.57 per cent to its new closing high of 17,822.95, after touching an intra-day record of 17,843.90.
Bajaj Finserv topped the Sensex gainers’ chart, climbing 5.15 per cent, followed by L&T, HDFC, Axis Bank, SBI, Reliance Industries (RIL) and IndusInd Bank.
Index heavyweights RIL and HDFC twins accounted for nearly half of the benchmark’s gains. Only five counters closed in the red — Dr Reddy’s, ITC, Nestle India, HUL and Bharti Airtel, skidding up to 1.07 per cent.