Sensex, Nifty Extend Record-Breaking Streak, Led By IT, FMCG Shares

Infosys, Tata Consultancy Services, Hindustan Unilever, Tech Mahindra and HCL Technologies were among the top movers in the Sensex.

The benchmark indices extended their record-breaking streak on Tuesday to the fourth session in a row, led by gains in information technology and FMCG heavyweights such as Infosys, Tata Consultancy Services, Hindustan Unilever, Tech Mahindra and HCL Technologies. The benchmarks traded in a range-bound manner for most part of the day, but partial recovery in Nifty Bank index in the last hour of trade helped the benchmarks close at fresh record highs. The Sensex rose as much as 272 points to hit an all-time high of 55,854.88 and the Nifty advanced above the important level of 16,600 for the first time. The Sensex ended with gains of 210 points to close at a record high of 55,792.27 and Nifty 50 index rose 52 points to end at a record high of 16,614.60. Nine of 15 sector gauges compiled by the National Stock Exchange ended lower, led by the Nifty Metal index's 2.5 per cent decline. The Nifty PSU Bank, Private Bank, Realty and Bank indices also closed with a negative bias. On the other hand, the Nifty IT index was top sectoral gainer, up 2.6 per cent. Nifty FMCG, Pharma, Healthcare and Consumer Durable indices rose 0.6-1.7 per cent each.