The Sensex gained 202.97 points or 0.72 percent at 28401.26 and the Nifty rose 71.30 points or 0.84 percent to 8595.10. About 1546 shares have advanced, 1132 shares declined, and 163 shares are unchanged on the BSE.
Bank Nifty performed awesome today, trading at highest level since March 19, up 1.92 percent or 360.45 points at 19,176.70.
Axis Bank gained nearly 5 percent, Kotak Mahindra Bank shot up 4 percent to hit a record high of Rs 743.
Coal India and Dr Reddy’s Labs also hit all-time high. HDFC, HDFC Bank, Reliance Industries, ICICI Bank, Cipla and NTPC rallied 1-2 percent. However, M&M, L&T, Wipro, Vedanta and GAIL lost 0.3-1 percent.
Long Term Recommendation :
Keep BAJAJ AUTO in portfolio for long term with Rs 2,470 being a stop loss in Bajaj Auto, Free Stock Tips India Experts are looking at targets of Rs 2,640-2,650.