3.41 PM: Closing Bell: Sensex, Nifty end at record closing highs; telecom, IT, power stocks hog the limelight

Closing update: Headline indices the Sensex and the Nifty ended at record closing highs on September 15, supported by across-the-board buying as risk appetite of investors improved after the US inflation numbers soothed concerns over inflation.

Sensex closed at 58,723.20, up 476 points, or 0.82 percent while Nifty closed the day at 17,519.45, up 139 points, or 0.80 percent.

BSE Midcap and smallcap indices closed 0.65 percent and 0.86 percent higher, respectively.

BSE Telecom index jumped 3.45 percent while the BSE Utilities clocked a gain of 2.29 percent. BSE Power (up 2.01 percent), teck (up 1.81 percent), IT (up 1.71 percent) and consumer durables (up 1.62 percent) rose up to 2 percent.

On the NSE, the PSU bank index jumped 2.83 percent but the media index fell 1.55 percent owing to profit-booking a day after clocking strong gains.

News Source:- Moneycontrol

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