Sensex, Nifty Extend Record-Breaking Streak Led By IT, FMCG Shares

The Indian equity benchmarks extended their record-breaking streak on Tuesday to fourth session in a row led by gains in information technology and FMCG heavyweights like Infosys, Tata Consultancy Services, Hindustan Unilever, Tech Mahindra and HCL Technologies. The benchmarks traded in a rangebound fashion for most part of the day but partial recovery in Nifty Bank index in the last hour of trade helped benchmarks close at fresh record highs. The Sensex rose as 272 points to hit an all-time high of 55,854.88 and Nifty advanced above important level of 16,600 for the first time.

The Sensex advanced 210 points to close at record high of 55,792.27 and Nifty 50 index rose 52 points to close at record high of 16,614.60.

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