Sensex continues record-setting streak; state-run banks surge

Image
Reuters MUMBAI
Last Updated : Mar 27 2014 | 4:03 PM IST

MUMBAI (Reuters) - The BSE Sensex and Nifty rose to a record high for a fourth straight session on Thursday, as state-run lenders including State Bank of India extended their recent gains on broker upgrades and on hopes of some easing at the RBI's policy review on Tuesday.

The Nifty rose as much as 1.1 percent to an all-time high of 6,673.95, while the Sensex gained 0.96 percent to a lifetime high of 22,307.74.

State Bank of India provisionally rose 2.2 percent, while Punjab National Bank ended higher 2.4 percent.

The Sensex provisionally closed 0.48 percent higher, while the Nifty gained 0.58 percent.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

*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: Mar 27 2014 | 3:41 PM IST

Next Story