Nearly 200 stocks today hit their 52-week high on the BSE, mirroring the strong show by benchmark Sensex which zoomed over 245 points.
Among major gainers were IL&FS Transportation Networks, IOC, Jubilant Life Sciences, MMTC and MOIL, taking the total number of companies to have touched their one year peak to 192.
The Sensex closed at a near two-month high of 26,878.24, up 245.11 points, or 0.92 per cent. This is its highest closing since November 10 at 27,517.68.
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"Positive global markets following FOMC minutes' release ensured the Indian markets added to recent gains," said Anand James, Chief Market Strategist, Geojit BNP Paribas Financial Services.
Of the 30-share Sensex components, 26 scrips ended higher and 4 moved down. Adani Ports and Special Economic Zone and Tata Steel were the top gainers, while TCS emerged as the worst hit.
Broader markets remained positive too, with BSE mid-cap rising 1.32 per cent and small-cap 0.98 per cent.
At the BSE, 1,962 stocks advanced, while 887 declined and 130 remained unchanged.
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