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BSE Sensex closes above psychological 33,000-mark for the first time

BSE Sensex closes above psychological 33,000-mark for the first time

India Blooms News Service | @indiablooms | 25 Oct 2017, 04:34 pm
Mumbai, Oct 25 (IBNS): Share prices of road sector companies took a leap during early hours of trade on Wednesday following the news that the Union government has approved road building projects worth Rs. 7 lakh crore, including the ambitious Bharatmala programme launched by Narendra Modi's Government, according to media reports.

The market also rallied on the Central government's announcement of Rs 2.11 lakh crore recapitalisation plan for PSU banks.

Largely propped by the two news, the Indian equity benchmarks closed at a record high on Wednesday.

BSE Sensex closed above the psychological 33,000-mark for the first time, rising 435.16 points at 33,042.50 while NSE Nifty touched an intraday record high of 10,340.55, before closing up 87.70 points at 10,295.40, media reported.

Top gainers included SBI, ICICI Bank, L&T, Ultratech Cement, Axis Bank and BHEL while Kotak Mahindra, Yes Bank, Bajaj Finance, HDFC Bank, HDFC, IndusInd Bank, Lupin and Sun Pharma declined.

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