Sensex, Nifty Close At Record Aided By Telecom, Auto & I.T. Stocks

Sensex, Nifty Close At Record Aided By Telecom, Auto & I.T. Stocks

Sensex, Nifty Close At Record Aided By Telecom, Auto & I.T. Stocks Closing Bell India's stock benchmarks closed at record highs aided by gains in telecom, auto, power and I.T. stocks. Cabinet approval for Production Linked Incentives (PLI) for Auto sector and relief measures for Telecom sector aided the rise. The S&P BSE Sensex rose 0.82% to 58,723.20, a record close for the 30-stock index which hit a record 58,777.06 in intraday trade. The NSE Nifty 50 advanced by a similar magnitude to 17,519.45, a record close. The 50-stock index hit a record 17,532.70 in intraday trade. This is the first ever time Nifty crossed 17,500. Infosys Ltd. contributed the most to the index gain, increasing 1.5%. NTPC Ltd. had the largest increase, rising 7.2%. Today, 35 of 50 shares …
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