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Indices hit record high; Sensex up 150 pts, Nifty above 13,100

Wednesday,   25-Nov-2020   10:05 AM (IST)

The Indian markets extended their record-breaking run on Wednesday on the back of favourable global cues. Among headline indices, the S&P BSE Sensex was trading 180 points, or 0.43 per cent, up at 44,710 levels. The index earlier hit a fresh lifetime high of 44,825 while the Nifty50 index surpassed the 13,100-mark. ONGC (up 5%) was the top Sensex gainer, followed by State Bank of India, ICICI Bank, Tata Steel, and Axis Bank (all up 1%). Meanwhile, HDFC Bank joined the elite club of Rs 8-trillion market capitalization (market-cap) on the BSE, after its share price hit a new high of Rs 1,464 after rising nearly 2 per cent on Wednesday. Majority of the Nifty sectoral indices were trading in the green, led by Nifty Bank index, which rose 1.2 per cent to over 9-month high, while surpassing the level of 30,000. In the broader market, the S&P BSE MidCap and SmallCap indices were trading 0.12 per cent and 0.3 per cent higher, respectively.