Sensex edges higher to record close; private sector lenders lead

Reuters
Mumbai, Maharashtra, India Published: Aug 06, 2018, 04:41 PM(IST)

File photo: Sensex Photograph:( PTI )

Sensex edged up on Monday to their highest close, driven by financials such as private sector lenders ICICI Bank Ltd and Axis Bank Ltd, while positive global cues also helped boost investor sentiment.

The benchmark BSE Sensex climbed 0.36 per cent to a record close of 37,692.46, while the broader NSE Nifty rose 0.23 per cent to a record close of 11,387.1.

ICICI Bank gained 3.3 per cent, while Axis Bank rose 3.8 per cent.

HDFC Asset Management Co Ltd's shares ended 65 per cent higher in their first day of trade, following an initial public offering of 28 billion rupees ($408.10 million).

Read in App