Business Standard

Sensex touches life high, up nearly 600 points

Image

Reuters MUMBAI

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)

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News