Benchmark Sensex closed above the historic 84,000-mark for first time while Nifty settled at a new record high on Friday, powered by a rally in frontline bank stocks along with upbeat trends in the US

BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Friday to hit lifetime highs following a more than

The BSE benchmark Sensex breached the historic 84,000-mark for first time ever on Friday morning and the Nifty also hit its new record high level, tracking a rally in global markets, after the US Federal Reserve cut its benchmark interest rate after more than four years.

Stocks like Mahindra & Mahindra (M&M), JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers amongst the Sensex pack. The rally was mostly led by auto and metal stocks. Nifty Auto is up 1.70, while the Nifty Metal surged 1.90%.

NTPC Ltd, part of the power sector and S&P BSE Sensex index, has broken out from a Flag pattern on daily charts. Experts suggest short-term traders buy the stock for a target of Rs 458 in the next 1-2 months.

Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow rose 1.3%, S&P 500 1.7% and Nasdaq 2.5%. Nike replaces CEO John Donahoe with Elliott Hill,

Stock Market LIVE Updates | Sensex and Nifty hit a record high on Thursday, driven by gains in information technology stocks, following the U.S. Federal Reserve decision to initiate its monetary easing cycle with a substantial 50-basis-point rate cut.

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai