FMCG businesses such as ITC Ltd, Hindustan Unilever Ltd and Asian Paints Ltd and private lenders namely HDFC Bank Ltd and Axis Bank Ltd were among top losers from the index.
The 30-share BSE Sensex pack jumped over 600 points to hit a record high of 74,869 and the broader NSE Nifty index moved more than 180 points to touch 22,697 level for the first time ever.
Stock market today: Indian stock market benchmarks the Sensex and the Nifty 50 as well as the BSE Midcap index hit their fresh all-time highs in early trade on Thursday, April 4.
The BSE Sensex advanced 759 points or 1.05% to settle at 73,328, while NSE Nifty surged 202 points or 0.93% to end at 22,097. Bluechip stocks Wipro and HCL Tech were the top Sensex gainers as both the companies reported better-than-expected results. HDFC Bank, Infosys, Tech Mahindra, and Bharti Airtel also closed with gains, while Bajaj Finance, Bajaj Finserv, L&T, Tata Motors, and Tata Steel settled with cuts.
Nifty jumped 162.05 points to hit its lifetime high of Rs 21,603.40. The 30-share BSE Sensex pack surged 535.01 points to trade at 71,871.81. At this level, the benchmark is just 41.26 points away from its all-time high of 71,913.07, a level seen earlier this month on December 20.