Zee Media Bureau
The NSE Nifty gained 18.40 points to close at fresh record-high of 8,362.65 on sustained buying by foreign funds and retail investors amid hopes of further push to economic reforms by the government after recent Cabinet expansion.
The benchmark BSE Sensex, which had gained 6.10 points in the previous session, rose by 35.33 points to 27,910.06.
Brokers said sentiments remained upbeat as foreign funds and retail investors engaged in enlarging positions on expectations of acceleration in economic reforms by the government after the expansion of the Union Cabinet.
However, profit-booking at some counters ahead of inflation data for October and IIP numbers for September to be released tomorrow, slowed down the rally to some extent.
Of 30 Sensex stocks, 16 scrips led by Axis Bank, ICICI Bank, HDFC, SBI, HDFC Bank, GAIL, RIL, Maruti Suzuki, M&M, L&T, Tata Power, Tata Steel, TCS and Sun Pharma gained.
On the other hand, Infosys, ITC Ltd, Bharti Airtel, BHEL, Coal India, Dr Reddy's, Hero MotoCorp, Wipro and Sesa Sterlite finished lower.
With agency inputs
