Indian shares rose sharply on Thursday, with IT and FMCG stocks pacing the gainers on the back of mixed global cues.
The benchmark 30-share BSE Sensex closed at a record high of 57,852.54, rising 514.33 points, or 0.90 percent, from its previous close.
The broader NSE Nifty index hit an intra-day record high of 17,245.50 before ending 157.90 points, 0.92 percent, higher at 17,234.15.
HDFC Life Insurance Company soared 5.8 percent ahead of a board meeting on Friday to consider fundraising by way of preferential allotment.
Shree Cement jumped as much as 6 percent while Hindustan Unilever, TCS and Cipla all fell around 3 percent.
Tata Motors shed 0.8 percent and Mahindra & Mahindra gave up 1.9 percent on concerns related to an acute shortage of semiconductors.
Vodafone-Idea shares rallied as much as 18 percent after the Chairman of Aditya Birla Group (ABG) Kumar Mangalam Birla met with Telecom Minister Ashwini Vaishnaw, helping fuel speculation the government may come up with some relief measures for the stressed telecom sector.
Sensex Soars 514 Points; Nifty Tops 17,200
2021-09-02 10:49:08
