The BSE Sensex settled at the highest ever closing level on Thursday at 36,548.41 points after touching an intra-day record high of 36,699.53 points.
Tracking broadly positive global cues, the wider Nifty50 on the National Stock Exchange also rose to end over the 11,000-mark.
Globally, the Asian markets traded in the green after reports on Wednesday said China and the US may resume talks to ease the ongoing trade tensions.
At 3.30 p.m., the Nifty50 provisionally closed at 11,023.20 points -- higher by 74.90 points or 0.68 per cent -- from its previous close of 10,948.30 points.
The barometer 30-scrip Sensex, which had opened at 36,424.23 points, closed higher by 282.48 points or 0.78 per cent at 36,548.41 points (3.30 p.m.). The previous close on Sensex was 36,265.93 points.
As mentioned, it touched an all-time high of 36,699.53 points during the intra-day trade and a low of 36,422.08 points. The BSE market breadth, however, was bearish with 1,472 declines against 1,169 advances.
The top gainers so far on the Sensex were Reliance Industries, Wipro, HDFC, Larsen and Toubro (L&T) and Hindustan Unilever whereas Vedanta, Infosys, Tata Motors (DVR), Mahindra and Mahindra (M&M) and Bajaj Auto were the losers.
On the NSE, Reliance Industries, BPCL and Bajaj Finance were the highest gainers while UPL, Vedanta and Bajaj Auto lost the most.
RBI crackdown triggers crash in Kotak Bank shares
The RBI had, on Wednesday evening, barred Kotak Mahindra Bank, with immediate effect, from taking on new customers and issuing fresh credit cards.
Kotak Bank promoter donated electoral bonds worth Rs 60 cr, but RBI cracks down on lender to protect customers
Infina Finance, one of the promoter group entities of Kotak Mahindra Bank which was barred by the RBI on Wednesday from onboarding new customers, had donated electoral bonds worth Rs 60 crore to the BJP.
RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy
While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will propel the country to become the world’s third-largest economy.
Sensex gains more than 300 points
BSE Sensex gained more than 300 points on Monday as geopolitical tensions eased and crude oil prices declined.
Direct tax collections shoot past budget target by Rs 1.35 lakh cr in 2023-24
The net direct tax collections, comprising corporate tax and personal income tax shot up to Rs 19.58 lakh crore in 2023-24, compared to Rs 16.64 lakh crore in the preceding financial year, representing a double-digit increase of 17.7 per cent.
Elon Musk confirms not coming to India amid crucial Tesla quarter results
Elon Musk, on Saturday, confirmed that he will not visit India this month amid crucial Tesla quarterly results and will possibly visit the country later this year to announce his investment plans.
Congress in Tripura blocks rail stations to protest police fired-killing of 5 farmers in MP
The firing on Tuesday came during raucous protests to demand better crop prices in the drought-ravaged region that saw one farmer suicide every five hours in the past two years.
DMs, SPs of violence-hit MP districts transferred
The farmers agitation entered its eighth day on Thursday. The peasants have been on strike since June 1, demanding loan waiver and fair price for their produce.