On Wednesday, Nifty closed at an all time high, above 10,000 mark, for the first time.
Indian equity benchmarks closed at record high amid a bevy of better-than-anticipated corporate earnings. A broad-based rally in commodities, including iron ore and copper, helped an index of metal companies reach its highest level in almost three years.
The S&P BSE Sensex Index rose 0.5 percent to 32,382 while the NSE Nifty climbed over 0.5 percent to 10,020. This was the 51-share index’s first close above the 10,000-mark. Yes Bank Ltd and IndusInd Bank gave the biggest boost to the broad gauge.
(This was first published in BloombergQuint)
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