Sensex breaches 59,000 mark; Nifty climbs 10,000 pts from 2020 Covid lows

The benchmark indices hit fresh record highs on Thursday, led by gains in ITC, Reliance Industries, and banking stocks. 

The Sensex closed at 59,141 with a gain of 418 points, or 0.7 per cent, moving from 58,000 to 59,000 in just eight trading sessions. On the other hand, the Nifty 50 index ended at 17,630, up 110 points, or 0.6 per cent, completing its 10,000-point run from its Covid-19 low of 7,610 on March 23, 2020.

The Bank Nifty index gained 2.22 per cent ahead of a press briefing by the finance minister. The index breached its previous record high hit in