Sensex Today: Domestic markets extended gains in Thursday’s intra-day trade after dovish US FOMC minutes sparked rally in global stocks. The S&P BSE Sensex staged a sharp uptick in the fag-end of the session, surging nearly 900 points to hit a fresh lifetime high of 62,412, before it settled at 62,273, higher by 762 points, or 1.24 per cent, relative to Wednesday’s close.
The NSE Nifty50, too, topped the 18,500 level in the intra-day trade before it closed at 18,484, up 217 points or 1.19 per cent.
Infosys, Power Grid, Wipro, Tech M, HCL Tech, TCS, HDFC, Sun Pharma, HUL, and M&M were the top Sensex winners, rising between 1.5 per cent and 2.7 per cent. On the downside, Kotak Bank, Bajaj Finance, Bajaj Finserv, and Tata Steel were the only losers, down up to 0.5 per cent.
In the broader markets, the BSE MidCap and SmallCap indices added 0.5 per cent, and 0.4 per cent, respectively. Among sectors, the Nifty IT index jumped 2.6 per cent, while Nifty FMCG and Financial Services index gained little over 1 per cent.
The Nifty Bank index, which settled 0.8 per cent higher, had hit a record high of 43,163.4 during the day.
Global Cues
Globally, the US markets rose overnight as growth stocks took the lead. Dow Jones, the S&P 500, and NASDAQ Composite indices climbed up to 1 per cent.
The strength spilled to markets in Asia-Pacific too, as key indices like Nikkei 225, the S&P 200, Topix, Kospi, and Hang Seng advanced up to 1 per cent.
On the commodities front, oil prices skid after G7 nations mulled price cap on Russian oil and higher US crude inventory data. Both Brent Crude and WTI slipped 0.2 per cent to $85 per barrel and $77 per barrel, respectively.
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