The Indian Stocks settled at a record close for the second consecutive session, led by gains in the key stocks such as TCS, HDFC, TCS, ITC and Axis Bank.
The BSE Sensex closed 93-pt higher at 41,952.63, while the NSE Nifty also settled at a new closing level of 12,362, up 32.75 points, after having touched the intraday levels at 41,994 and 12,374, respectively.
Major buying interests noticed in Media, Consumer Goods (FMCG), metal, and IT sectors.
The Nifty Media index advanced 2.10 percent led by gains in TV18Broadcast, Network18, DBCorp, and TV Today, while the Nifty FMCG rose 1.4-pc, Nifty IT rose 0.8-pc and Metal added 0.9-pc each, for the day.
Nifty Auto also rose 0.6-pc and Nifty Pharma added 0.5-pc, meanwhile, Nifty Bank and Realty slipped 0.3pc and 0.1-pc, respectively.
Broader markets also gained during intraday with Nifty Mid-Cap rising 0.7 percent and SmallCap went up and 0.8 percent each.
For Equity tips visit our website.
Vedanta, Britannia Industries, HeroMotoCorp, ITC and Cipla were the top Nifty gainers, while Yes Bank, Indus-Ind Bank, UPL, Reliance and SBI were among major losers.
Yes Bank declined 8.31% and was among the top Nifty losers, in view of brokerages remained bearish amid extended uncertainty over the Bank’s plans to raise capital. In addition, Morgan Stanley has maintained an underweight call on the Yes Bank stock with a price target at Rs25 per share, while Kotak Institutional Equities made a SELL call on the stock and reduced its target price from Rs55 to Rs40.