The Nifty PSU Bank index ends 2.98% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) UNION BANK (I) 89.15 85.05 4.10 4.82 BANK OF INDIA 98.00 94.00 4.00 4.26 BANK OF BARODA 154.75 148.60 6.15 4.14 ALLAHABAD BANK 45.80 44.00 1.80 4.09 ORIENTAL BANK 81.05 78.15 2.90 3.71 Nifty sectoral gainers of the day BSE Sensex: ICICI Bank, Axis Bank, SBI among top gainers 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
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.