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Nifty, Sensex end at record close, financials lead

REUTERS
Published : Apr 16, 2019, 4:28 pm IST
Updated : Apr 16, 2019, 4:28 pm IST

BSE Sensex closed up 0.95 per cent at 39,275.64, while the broader NSE Nifty ended 0.83 per cent higher at 11,787.15.

Both indexes finished higher for a fourth straight session.
 Both indexes finished higher for a fourth straight session.

Mumbai: The BSE Sensex ended at their highest closing levels on Tuesday, boosted by financial stocks such as ICICI Bank Ltd, amid sustained foreign investor buying.

The benchmark BSE Sensex closed up 0.95 per cent at 39,275.64, while the broader NSE Nifty ended 0.83 per cent higher at 11,787.15, after surpassing 11,800-mark for the first time ever. Both indexes finished higher for a fourth straight session.

Private-sector lender ICICI Bank was the biggest boost, climbing 3.6 per cent to a record close amid reports that Goldman Sachs raised its target price to 492 rupees from 451 rupees.

IndusInd Bank Ltd, up 3.8 per cent, was the top gainer in percentage terms.

Meanwhile, IT services firm Wipro Ltd ended 2.4 per cent lower after it said it was investigating a potential breach of some of its employee accounts due to an advanced phishing campaign. The company will declare its quarterly results later in the day.

Tags: sensex, bse, nse, nifty, stock market
Location: India, Maharashtra, Mumbai (Bombay)