Sensex, Nifty close at record high: MRF gains 7 per cent, Adani Transmission jumps 9 per cent, Tata Communications tumbles

On Wednesday, the domestic benchmark indices hit record highs, led by IT & auto stocks amidst positive global cues. During the last half hour of today’s trading session, Sensex was close to crossing the 50,000 mark but shied away.  Sensex gained by around 393.83 points or by 0.80 per cent to settle at 49,792.12 levels while Nifty rose by 123.55 points or by 0.85 per cent to close at 14,644.75 levels.   

In the global markets, Asian indices such as Shanghai Composite index, Hang Seng, and KOSPI gained by 0.47 per cent, 1.08 per cent and 0.71 per cent, respectively whereas, Nikkei fell by 0.38 per cent.  

In the European markets, DAX and CAC 40 were trading in the green, up by 0.69 per cent and 0.67 per cent, respectively while FTSE 100 traded flat.  

Sensex gainers included Maruti Suzuki that jumped 2.76 per cent, Tech Mahindra rose by 2.67 per cent, Mahindra & Mahindra surged 1.98 per cent, Asian Paints increased by 1.98 per cent, RIL gained by 1.91 per cent, Infosys went up by 1.70 per cent, etc.  

Sensex losers consisted of Power Grid that plunged 1.75 per cent, NTPC fell by 1.35 per cent, HDFC Bank decreased by 0.83 per cent, ITC declined by 0.59 per cent, Nestle India slumped 0.44 per cent, HUL went down by 0.37 per cent, etc.  

Amongst sectoral indices on BSE, the auto index was the biggest gainer, up by 2.18 per cent while the utility index was the biggest loser, declining by 0.29 per cent. BSE FMCG index fell by 0.20 per cent while BSE Healthcare index rose by a mere 0.13 per cent on Wednesday. BSE IT index gained 1.75 per cent whereas, BSE Telecom index closed flat with a negative bias.  

In the broader markets, BSE Mid-Cap index and BSE Small-Cap index surged 1.08 per cent and 0.58 per cent, respectively.