HDFC Bank was the top gainer in the Sensex pack followed by UltraTech Cement, Bajaj Finance, PowerGrid, L&T, Bajaj Finserv and HDFC. (representative image)
MUMBAI: Equity benchmark Sensex jumped over 250 points to hit the 56,000-mark for the first time on Wednesday, tracking gains in index majors HDFC Twins and Reliance Industries amid a positive trend among Asian peers.
The 30-share index was trading 252.54 points or 0.40 per cent higher at its lifetime high of 56,044.81, while the broader NSE Nifty was trading 66.75 points or 0.40 per cent higher at 16,681.35.
HDFC Bank was the top gainer in the Sensex pack, rising over 2 per cent, led by UltraTech Cement, Bajaj Finance, PowerGrid, L&T, Bajaj Finserv and HDFC.
On the other hand, IndusInd Bank, Kotak Bank, Bajaj Auto and Infosys were among the laggards.
In the previous session, the Sensex closed 209.69 points or 0.38 per cent higher at a new closing record of 55,792.27, and the Nifty rose 51.55 points or 0.31 per cent to a new closing level of 16,614.60.
Foreign institutional investors (FIIs) were net sellers in the capital market as they sold shares worth Rs 343.73 crore on Tuesday, according to provisional exchange data.
“Domestic stocks are looking good right now. HDFC Bank and benchmark indices are likely to get a boost during the day with the RBI lifting the partial ban on issuance of fresh credit cards.
Elsewhere in Asia, shares in Shanghai, Hong Kong, Tokyo and Seoul were trading with gains in mid-session deals.
However, equities in the US ended on a negative note in overnight trade.
Meanwhile, international oil benchmark Brent crude rose 0.25 per cent to $69.20 a barrel.
FacebookTwitterLinkedinE-mail
.