Sensex ends above 30,000-mark for first time

Sensex ends above 30,000-mark for first time
Wednesday was a historic day for both the benchmark indices. While the S&P BSE Sensex closed above the 30,000-mark for the first time in its history, the Nifty 50 ended at another closing high.

The Sensex opened above the historic 30,000-mark, hit a high of 30167.09 in noon trades before finally ending at 30,133.35, up 190 points but a tad lower than its intra-day high. The market capitalisation of BSE-listed companies now stand at over Rs 1.24 lakh crore. As far as the Nifty 50 is concerned, it opened at 9336.20, hit a high of 9367 before finally shutting shop at 9351.85.
 
M&M was the top gainer on NSE, ending up 3.64% at Rs 1355 with volumes of over 28.76 lakh shares. Some of the other gainers included ITC, Hindalco, HUL, HDFC, YES Bank and ICICI Bank which ended with gains between 1.5-3.5%.
 
Tech Mahindra led the list of losers as fears rose that the company could disappoint on its earnings front after not so encouraging results from Infosys and Wipro. Shares of the Mumbai-based IT major ended down nearly 3% at Rs 425.45 with volumes of over 37.21 lakh shares. Some of the other losers included Bharti Infratel, Adani Ports, HCL Tech, Infosys, PowerGrid and BPCL.

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