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Indian shares mark record close; Sensex settles above 38,000

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Reuters
Last Updated : Aug 09 2018 | 4:05 PM IST

(Reuters) - Indian shares ended at record closing highs on Thursday, driven by strong gains in financial stocks such as ICICI Bank Ltd and Axis Bank Ltd.

The benchmark BSE Sensex closed up 0.36 percent to 38024.37, a record high, while the broader NSE Nifty ended 0.18 percent higher at 11470.7, its highest ever.

India's third-biggest lender by assets, ICICI Bank ended 4.8 percent higher at 333.95 rupees, while Axis Bank rose 4.35 percent to 622.2 rupees.

(Reporting by Abinaya Vijayaraghavan in Bengaluru; Editing by Vyas Mohan)

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First Published: Aug 09 2018 | 3:55 PM IST

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