Sensex, Nifty close at record high on better financial results

Image
Press Trust of India Mumbai
Last Updated : Jul 24 2017 | 4:02 PM IST
The benchmark BSE Sensex today closed at fresh life-time high of 32,245.87 points while the Nifty settled at new peak of 9,966.40 points on buying in oil and gas, banking, IT and FMCG stocks after better-than- expected financial results.
The 30-share BSE barometer rose to all time intra-day high of 32,320.86 points as index heavyweight Reliance Industries, ITC and TCS posted strong gains.
The Sensex finally settled higher by 216.98 points, or 0.68 per cent, at 32,245.87 points, its record closing high.
The NSE Nifty too rose to all time high of 9,982.05 in day trade. It finally settled at 9,966.40, a gain of 51.15 points over last close.
Reliance Industries rose to 52-week high on the back of robust earnings and announcement of a bonus issue in the rate of one share for every share held. It finally settled with gains of 1.89 per cent at Rs 1,616.10 on BSE.
HDFC Bank rose by 1.83 per cent after it posted 20 per cent growth in net profit.
Among other major gainers, Bharti Airtel, FMCG giant ITC, IT major TCS, Wipro, Infosys, ICICI Bank and SBI posted gains of up to 2.20 per cent.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 24 2017 | 4:02 PM IST

Next Story