Bulls kept its tight control over Dalal Street as equity benchmarks opened at fresh record high on Thursday after buzz of likely increase in FDI in banking sector.
The 30-share BSE Sensex was up 294.72 points or 0.84 percent at 35,376.54 and the 50-share NSE Nifty gained 73.60 points or 0.68 percent at 10,862.10.
About 1,004 shares advanced against 308 declining shares on the BSE.
Nifty Bank rallied nearly 600 points to hit a fresh record high after sources told CNBC-TV18 that the government is considering allowing 100 percent FDI in banking sector.
SBI, ICICI Bank, Yes Bank, HDFC Bank, Axis Bank, IndusInd Bank and Kotak Mahindra Bank gained 1-3 percent.
GAIL was down 2 percent.
Nifty Midcap was up 0.7 percent. Mindtree, Adani Transmission, Thirumalai Chemicals, Jubilant Life and Bank of Maharashtra gained 3-8 percent.
Missed call
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