Mumbai: It was a heady start to the new series, new week and new month after a long weekend. After hitting the magical 8000-level, the Nifty ended at record high. The Nifty ended at 8027.70 (up 73.35 points or 0.92 percent) after hitting intraday record high of 8035.
The Sensex closed at 26,867.55 (up 229.44 points or 0.86 percent), after an intraday record high of 26900. ICICI Bank and L&T are top contributors to the Nifty gain. Except FMCG, all sectoral indices ended trade in the green. Capital goods, realty, metals led trade today. Bank Nifty closes above 16,000 for first time ever as ICICI Bank contributed 80 percent to Bank Nifty gain.
Market experts feel that the Nifty will touch 9,000 to 10,000 range by the next Union Budget.