Indian equity indices opened at record high today following a rally in the banking stocks. Sensex and Nifty made a new all-time high of 80,039 and 24,292 respectively. 

The Broader market remains positive. On the National Stock Exchange (NSE), out of the total, 1573 were in the green and 628 in the red.

At 9.47 am, Sensex was at 80,008, up 567 points and 0.71% and Nifty was at 24,290, up 164 points or 0.68%.

Banking stocks are leading the rally. Nifty Bank is up 946 points or 1.82%, at 53,115.

Shares of HDFC Bank, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, and Bajaj Finance are the top gainers in the Sensex pack. TCS, Sun Pharma, Infosys, Tech Mahindra, and Wipro are the top losers.

The Nifty Midcap 100 index is at 56,112, up 258 points or 44%, and the Nifty Smallcap 100 index is at 18,617, up 108 points or 0.59%.

HDFC Bank shares are in the spotlight today, as the company’s weightage in the MSCI index is expected to rise as FIIs have greater room to buy stock.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

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