The benchmark Sensex on Tuesday surged about 135 points to end at over one-month closing high of 29,593.73 while the NSE Nifty index topped 9,000 mark for the first time on continued optimism over economic reforms and solid foreign fund buying in RIL, TCS and Sun Pharma shares.
The NSE Nifty, after hitting all-time high of of 9,008.40 in the fag-end, ended at new closing peak of 8,996.25 — a rise of 39.50 points. The Nifty has surpassed its previous life high of 8,996.60 on January 30.
Overcoming the initial choppiness and volatility, the key indices witnessed a strong rebound in late afternoon trade led by index heavyweight Reliance Industries following expectations of solid earnings show as crude price rebounded.
TCS also spurted about 4 per cent, followed by 2 per cent gains in HDFC and Sun Pharma.
The BSE Sensex opened a tad higher at 29,500.19 and swung between a high of 29,636.86 and a low of 29,364.87 before ending at 29,593.73.
Among the sectoral indices, strong buying was seen in oil&gas and refineries followed by IT, tech and healthcare.
Realty, auto, metal and banking succumbed to selling pressure.
