Market at close The S&P BSE Sensex settled at a record high of 38,024, up 137 points, while the broader Nifty 50 index closed at a new high of 11,471, up 21 points. In intra-day deals, the S&P BSE Sensex hit a fresh all-time high of 38,076.23. The Nifty50 index, on the other hand, touched its record high level of 11,495.20. HPCL gains after strong Q1 earnings Hindustan Petroleum Corporation rose 0.73% to Rs 284.45 at 10:45 IST on BSE after the company reported 85.91% rise in net profit to Rs 1719.21 crore on 26.12% increase in net sales to Rs 67331.52 crore in Q1 June 2018 over Q1 June 2017. READ MORE Page Industries, Graphite India hit record highs on strong Q1 results Shares of Page Industries and Graphite India have hit their respective record highs on the BSE, gaining 6% in intra-day trade on Thursday after reporting a strong set of numbers for the quarter ended June 2018 (Q1FY19). READ MORE Best is yet to come for NSE: Former prime minister Manmohan Singh Former prime minister Manmohan Singh on Wednesday said the best is yet to come for the National Stock Exchange (NSE), a bourse which he inaugurated as a finance minister 25 years ago. READ MORE Gold remains weak on muted demand, global cues Gold prices dipped by Rs 5 to Rs 30,560 per 10 grams at the bullion market today due to tepid demand from local jewellers and a weak trend overseas. However, silver recovered by Rs 55 to Rs 38,970 per kg on scattered enquiries from industrial units and coin makers. Marketmen said subdued demand from local jewellers and retailers at the domestic spot market amid weak global cues kept gold prices lower. READ MORE Gold Market Check INDEX LATEST PREVIOUS CHANGE CHANGE(%) BSE SENSEX 38045.41 37887.56 157.85 0.42 BSE 500 15505.29 15450.35 54.94 0.36 BSE MID-CAP 16340.79 16245.33 95.46 0.59 BSE SMALL-CAP 16912.36 16868.20 44.16 0.26 S&P BSE LARGECAP 4452.88 4437.99 14.89 0.34 > More on BSE Indices
In stocks, ICICI Bank settled 4.64 per cent higher at Rs 332.95 while Axis Bank rose 3.86 per cent at Rs 619.45 on the BSE.
Among sectoral indices, the Nifty PSU Bank index gained around 3 per cent led by rise in Union Bank of India and Bank of India. The Nifty Realty index too, moved up 2 per cent led by DLF and Unitech.
Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-US trade war, while Russia's rouble tumbled as the United States slapped fresh sanctions on the country.
The gains in Chinese stocks helped MSCI's broadest index of Asia-Pacific shares outside Japan reverse early losses to nudge up 0.5 per cent. Japan's Nikkei slipped 0.2 per cent, weighed in part by a shock slump in core machinery orders.