India Benchmark indices hit record highs for a second straight trading session on Monday Jan 15 as information technology (IT) stocks extended their winning run following better-than-expected results from HCLTech and Wipro.
The Sensex crossed the 73,000 mark for the first time and ended the session at 73,328, with a gain of 759 points, or 1.05 per cent. The Nifty 50 index finished at 22,097, rising 203 points or 0.9 per cent. It took just 21 trading sessions for the Nifty to move from 21,000 to 22,000. This is the shortest the index has taken to cross a 1,000-point milestone since August 2021 when it moved from 16,000 to 17,000 in just 19 sessions.
The Sensex rose by over 759 points, or 1.05 percent, to end at a fresh all-time high of 73,328. The Nifty also gained 203 points, or 0.93 percent, closing at 22,097.
In the broader market at the BSE, the mid-cap index gained 0.67 percent and the small-cap index rose 0.11 percent.
In the Sensex index, which is a pack of 30 companies, shares of 21 companies appreciated while those of 09 companies declined. Wipro surged 6.25 percent, HCLTech gained 2.90 percent and Infosys rose 2.47 percent.
On the other side, Bajaj Finance declined 2.34 percent, Bajaj Finserv slipped by 1.17 percent, Larsen & Toubro fell 0.66 percent.
In sectoral indices at the BSE, 18 sectors gained while two declined. IT and Teck surged 1.79 percent each, while Oil and Gas went up by 1.70 percent.
On the other side, Metal index fell 0.23 percent and Commodities lost 0.1 percent.
The overall market breadth was positive, as the shares of 2,061 companies appreciated while those of 1,893 declined. A total of 106 companies remained unchanged.