Sensex, Nifty settle at record closing peaks; IT stocks shine

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Benchmark stock market indices ended Thursday's trading session on a strong note, supported by the US Federal Reserves rate outlook and a sharp rally in information technology (IT) stocks...

The S&P BSE Sensex ended 929.60 points higher at 70,514.20, while the NSE Nifty50 was up 256.35 points to settle at 21,182.70..

Meanwhile, Aditya Gaggar Director of Progressive Shares, said, With a bullish gap, the Nifty50 has breached its congestion zone which implies continuation of the current uptrend with the downside being protected at 21,020, and on the flip side, 21,400 can act as a resistance...

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