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Sensex touches life high, up nearly 600 points

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Reuters MUMBAI
Last Updated : May 09 2014 | 2:17 PM IST

MUMBAI (Reuters) - The BSE Sensex surged to a record high on Friday on hopes the opposition Bharatiya Janata Party would win a majority in elections set to conclude next week, sending blue chips such as ICICI Bank sharply higher.

The Sensex touched a life high of 22,959.33 points in trade.

Banking stocks were among the leading gainers, with the National Stock Exchange banking sub-index rising as much as 4.4 percent to a record high. ICICI Bank rose nearly 6 percent.

(Reporting by Indulal PM; Editing by Subhranshu Sahu)

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First Published: May 09 2014 | 2:00 PM IST

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