MARKET LIVE: Indices at record high; Sensex up 300 pts, Nifty tops 13,650


Stock brokers react to the movement share prices on BSE Sensex in Mumbai on January 23. Photo: Kamlesh Pednekar
The Indian scaled fresh record high levels on Wednesday, tracking strong gains in Asian indices.
 


The S&P BSE rose 317 points, or 0.7 per cent, at 46,580 levels. The index hit an intra-day high of 46,592. The broader Nifty50, meanwhile, surpassed the 13,650-mark. rose 3 per cent and was the top gainer after saying it will hike prices of its entire range of passenger and commercial vehicles from next month. Besides, ONGC (up 2%), Asian Paints, Bajaj Finance, and Tata Steel (all up1%) were the other top gainers.

All the Nifty sectoral indices, except Nifty PSU Bank index, were going strong, led by Nifty Metal index, up 1 per cent.

In the broader markets, both the S&P BSE MidCap and SmallCap indices were ruling half a per cent up.

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