Markets hit fresh highs! Sensex zooms 873 points, Nifty scales 16K

The 30-share BSE index ended 872.73 points or 1.65 per cent higher at its lifetime high of 53,823.36. The broader NSE Nifty rallied 245.60 points or 1.55 per cent to record 16,130.75.

Mumbai: Equity benchmark Sensex skyrocketed 873 points to a fresh closing peak while the Nifty finished above the 16,000-mark for the first time on Tuesday, driven by gains in index heavyweights HDFC, Infosys and TCS. The 30-share BSE index ended 872.73 points or 1.65 per cent higher at its lifetime high of 53,823.36. The broader NSE Nifty rallied 245.60 points or 1.55 per cent to record 16,130.75. Titan was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Nestle India, IndusInd Bank, UltraTech Cement and Bharti Airtel.