Mumbai : Benchmark indices, Nifty and Sensex scaled fresh record highs on Wednesday, with Sensex surpassing 80,000 for the first time on the strength of banking and FMCG stocks.
It was 80,013.77, up 572.32 points or 0.72 per cent at the time of filing this report. Nifty also opened at 24,291.75, up 168 points or 0.70 per cent.
Bank Nifty opened in green territory with an increase of 704 points or 1.35 per cent at 52 872.30 whereas the Nifty Midcap opened at 56149.90, an up of 295.20 or 0.53 per cent increase.
Among the sectoral indices on the National Stock Exchange (NSE), Auto, Financial Services, FMCG, Media, Pharma, PSU Bank, Private Ban, Realty, Healthcare, Consumer Durables, Oil and Gas, And Nifty Midsamall Healthcare opened in the red.
On the other hand, only IT stocks traded in red in the initial opening hours.
On NSE, the biggest gainers were HDFC Bank, Britannia, HDFC Life, Tata Consumer, and Kotak Bank, and among the Losers in the initial hours of the market were TCS, Sun Pharma, Ultra Cement, Tech Mahindra.