Sensex, Nifty scale new lifetime highs on gains in banking, IT shares

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Key Points

Benchmark Sensex and Nifty rebounded from early lows and settled at fresh record high levels in a volatile trade on Wednesday following buying in private bank and select IT shares...

The 30-share BSE Sensex jumped 408.86 points or 0.55 per cent to settle at a new record high of 74,085.99..

During the day, it went up by 474.14 points or 0.64 per cent to hit an all-time high of 74,151.27..

The benchmark indices traded lower in the first half of the session but gains in private banks and pharma shares and firm European markets helped erase losses, analysts said...

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