Sensex crosses 54,000 for first time; Nifty soars past 16,200
The Hindu
Tata Steel was the top gainer in the Sensex pack, rising around 2%
Equity benchmark Sensex rallied over 400 points in early trade on August 4 and soared past the 54,000 mark, led by gains in index majors Infosys, HDFC and ICICI Bank amid a positive trend in global markets. After scaling its lifetime peak of 54,256.13 in opening trade, the 30-share index was trading 415.33 points or 0.77% higher at 54,238.69 in initial deals. In tandem, the broader NSE Nifty surged 116.10 points or 0.72% to an all-time peak of 16,246.85 in early trade.
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