Sensex closes at record high for fourth day in a row
Authored By Wion Web Desk
Published: Jul 25, 2018, 22:43 IST | Updated: Jul 25, 2018, 22:43 IST
Sensex
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Indian shares hit record closing highs on Thursday led by banks, with the benchmark BSE Sensex breaching the 37,000-mark for the first time earlier on the day of expiry of monthly derivatives contracts
Indian shares hit record closing highs on Thursday led by banks, with the benchmark BSE Sensex breaching the 37,000-mark for the first time earlier on the day of expiry of monthly derivatives contracts.
The broader NSE Nifty ended 0.32 per cent higher at 11,167.3 after hitting a life-high of 11,185.85 earlier in the session.
The BSE index hit a record high for a third consecutive session before ending up 0.34 per cent at 36,984.64. The benchmark took only 13 trading sessions to jump from 36,000 to 37,000.
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Bank shares gained as more state-run lenders lined up to enrol for a scheme for faster bad-loan resolution. State Bank of India closed more than 5 per cent higher.