Sensex closed at 29,943 levels, Nifty above 9300 for first time ever, RIL rise 3.4%

The benchmark indices NSE Nifty-50 index closed at 9,306, higher by 88.65 points or 0.96%, whereas the Sensex closed at 29,943.24, higher by 287.40 points Nifty closed above 9,300 for the first time since April 12, 2017. Nifty bank, Sensex and  Nifty Midcap closed at their ever high levels today. The BSE Mid-cap Index closed up by 0.9% at 14,625 whereas the BSE Smallcap Index closed up by 0.8% at 15,291.
Bharti  Infratel  Ltd was the top Nifty gainer while, Tata Power was the top Nifty loser. Reliance Industries Limited (RIL) climbed nearly 3.4% to its highest since May 2008, keeping it the biggest gainer on the NSE index, after the company on Monday posted a 12.8% rise in Q4 profit, beating expectations.
Bank stocks finished recorded  a strong note with  share price of Bank of India and Axis Bank leading the gains. There were 884 advancing shares , 777 declining stocks and 297 unchanged stocks on NSE.  A bullish undertone floated in the market.
The Indian rupee strengthened to as much as 64.2750 per dollar. Oil prices were trading at USD 49.34.

Equity Benchmarks Rising High, Gold Silver Down

Equity Benchmarks extended rally in the morning session. Market has risen more than 1 percent till yet. Sensex is up 281 points to 28141 and Nifty is up 78 points to 8670. Currently Rupee is trading at 66.81 with 3 paise hike against US Dollar. Bullion Market dropped in the early sessions. MCX Gold with 167 points down trading at 31160 and Silver dropped 280 points to 46475. Natural Gas with minor drop is trading at 169.70 and Crude Oil has hiked a good amount of 38 points to 2950. Asian market indices are trading high in the positive zone. Nikkei has hiked 191 points to 16926, Hang Seng with 164 points lead trading at 22745 and Shanghai Composite is trading low with just 7 points up at 3009. 

Indian Sectors are showing high movements positive leads. BSE Auto is trading highest with 308 points lead to 21486, BSE Bankex hiked 195 points to 21519 and Bank Nifty with 152 points up trading at 18792. BSE Small Cap with 80 points lead trading at 12270, BSE Mid Cap has risen 129 points to 12777 and Nifty MidCap with 115 points up trading at 14858.