Market Highlights: Sensex ends above 59,000 for the primary time, Nifty settles at contemporary lifetime excessive

Share/Stock Highlights: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) climbed over 0.5 per cent increased to finish at contemporary report highs on Thursday led by features in banking, monetary and fast-moving client items (FMCG) shares.
The S&P BSE Sensex rose 417.96 factors (0.63 per cent) to finish above the 59,000 mark for the primary time at a report closing excessive of 59,141.16. Earlier within the day, the BSE benchmark had surged 481.09 factors (0.82 per cent) to breach the 59,000-mark for the very first time and hit a contemporary report intraday excessive of 59,204.29.
Likewise, the Nifty 50 climbed 110.05 factors (0.63 per cent) to finish at an all-time excessive of 17,629.50. The NSE barometer had earlier breached the 17,600-mark for the primary time ever to the touch a report excessive of 17,644.60.
IndusInd Bank was the highest gainer of the day on the Sensex pack surging over 7 per cent. It was adopted by ITC, State Bank of India (SBI), Reliance Industries (RIL), Kotak Mahindra Bank and ICICI Bank. Among laggards have been Tata Consultancy Services (TCS), Tata Steel, Tech Mahindra, Bharti Airtel, HCL Technologies and Dr. Reddy’s Laboratories.
Among the sectoral indices on NSE, the Nifty Bank index gained 2.22 per cent on Thursday led by Punjab National Bank, IndusInd Bank and SBI. The Nifty Financial Services index rose 1.09 per cent aided by Cholamandalam Investment and Finance Company and Shriram Transport Finance Company. The Nifty FMCG index too inched up 1.24 per cent led by ITC and Procter & Gamble Hygiene and Health Care.
In the broader market, the S&P BSE MidCap ended at 25,336.56, up 120.60 factors (0.48 per cent) whereas the S&P BSE SmallCap settled at 28,306.05, up 21.98 factors (0.08 per cent). The volatility index or India VIX rose 4.97 per cent to 14.4125.
(with inputs from companies)