The Indian share markets closed at record highs in trading for third consecutive led by gains in index heavyweights Reliance Industries, ITC, HDFC Bank, Bharti Airtel and Tata Steel. At intraday high levels, The Sensex rose as much as 348 points to hit an all-time high of 54,717and Nifty 50 index touched record high of 16,349.
Finally, at closing point, The Sensex advanced 123 points to settle at record high of 54,492.84 and Nifty 50 index rose 36 points to end at an all-time high of 16,294.60. Eight of eleven sector gauges compiled by the NSE ended lower led by the Nifty PSU Bank index's over 2 per cent fall as investors booked profits in by selling share in SBI after it surged to record high after posting highest ever quarterly profit. Sectorally, Realty, Pharma, Media, Bank, Financial Services and Auto indices also fell up to 1 percent. Mid- and small-cap shares underperformed larger peers as Nifty Midcap 100 index ended on a flat note while Nifty Smallcap 100 index dropped 0.5 percent.
Meanwhile, the Indian rupee is unchanged at 74.19 per dollar, despite buying in the domestic stock market. It began at 74.16 cents per dollar, unchanged from the previous close of 74.18 cents.
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