Sensex, Nifty Close At Record Highs Amid Supportive Global Cues; Banking Stocks Shine

Share Market Update: Domestic benchmark indices BSE Sensex and NSE Nifty scaled fresh highs on Wednesday in order to close today’s trade in green. According to reports, Sensex surged past record 54,000-mark for the first time, as stellar earnings triggered risk appetite amid supportive global cues. 

S&P BSE Sensex continued its bull rally for the third straight session and rallied 546.41 points or 1.02 per cent to end at its new record of 54,369.77. Sensex even scaled its lifetime peak of 54,465.91 during the session.

Witnessing a similar sentiment, the broader NSE Nifty surged 128.05 points or 0.79 per cent to its all-time peak of 16,246.85. It touched a lifetime intra-day high of 16,290.20.

(This is a developing story. More details awaited.)