<p>Beginning the new fiscal year on a high note, the BSE benchmark Sensex today rose by 60.17 points to all-time closing high of 22,446.44 in a volatile session after RBI kept key policy rates unchanged.<br /><br /></p>.<p>The 30-share index continued its record setting spree for the seventh session with touching a new high of 22,485.77 points in the day trade.<br /><br />The market was jittery in afternoon session and the index dropped by 90 points to a day's low of 22,295.65 points.<br /><br />Brokers said RBI's decision to keep interest rates unchanged was largely in line with investor expectations and failed to have any immediate effect.<br /><br />However, buying in IT and oil stocks, mainly in Reliance Industries, at the fag-end helped the barometer end session at fresh record closing high of 22,446.44, up by 60.17 points higher, or 0.27 per cent.<br /><br />Reliance Industries rose by 1.25 per cent.<br /><br />The wide-based National Stock Exchange index Nifty also set a new record high level by rising 16.85 points, or 0.25 per cent to 6,721.05, after an intra-day record of 6,732.25.<br /><br />RBI kept key policy rates unchanged since retail inflation still remains "sticky" but introduced steps to increase liquidity and contain volatility in the money market.<br /><br />A higher opening in Europe supported the trading sentiment in later part of the session, brokers said.<br /><br />In 30-BSE index components, 15 stocks gained and 14 ended with losses, while Sun Pharma held unchanged.<br /><br />IT stocks, led by Wipro, TCS and Infosys, were the star performers in the current rally. The IT sector index gained the most by rising 1.65 per cent to 8,934.45.<br /><br />The consumer durable was second best performer by adding 1.33 per cent to 6,612.63.<br />Axis Bank, HDFC, Dr Reddy's Lab, ONGC, NTPC, Sesa Sterlite and Tata Motors were among major gainers.</p>
<p>Beginning the new fiscal year on a high note, the BSE benchmark Sensex today rose by 60.17 points to all-time closing high of 22,446.44 in a volatile session after RBI kept key policy rates unchanged.<br /><br /></p>.<p>The 30-share index continued its record setting spree for the seventh session with touching a new high of 22,485.77 points in the day trade.<br /><br />The market was jittery in afternoon session and the index dropped by 90 points to a day's low of 22,295.65 points.<br /><br />Brokers said RBI's decision to keep interest rates unchanged was largely in line with investor expectations and failed to have any immediate effect.<br /><br />However, buying in IT and oil stocks, mainly in Reliance Industries, at the fag-end helped the barometer end session at fresh record closing high of 22,446.44, up by 60.17 points higher, or 0.27 per cent.<br /><br />Reliance Industries rose by 1.25 per cent.<br /><br />The wide-based National Stock Exchange index Nifty also set a new record high level by rising 16.85 points, or 0.25 per cent to 6,721.05, after an intra-day record of 6,732.25.<br /><br />RBI kept key policy rates unchanged since retail inflation still remains "sticky" but introduced steps to increase liquidity and contain volatility in the money market.<br /><br />A higher opening in Europe supported the trading sentiment in later part of the session, brokers said.<br /><br />In 30-BSE index components, 15 stocks gained and 14 ended with losses, while Sun Pharma held unchanged.<br /><br />IT stocks, led by Wipro, TCS and Infosys, were the star performers in the current rally. The IT sector index gained the most by rising 1.65 per cent to 8,934.45.<br /><br />The consumer durable was second best performer by adding 1.33 per cent to 6,612.63.<br />Axis Bank, HDFC, Dr Reddy's Lab, ONGC, NTPC, Sesa Sterlite and Tata Motors were among major gainers.</p>