Closing bell: Sensex closes at record high led by L&T, Reliance; Nifty fails to hold 11,600

BSE Sensex closed higher by 51.01 points, or 0.13%, to 38,336.76, while the Nifty 50 rose 11.85 points, or 0.10%, to close at 11,582.75. In intraday trade, the Sensex surged 201.88 points to a new record high of 38,487.63 and the Nifty 50 rose 49.8 points to an all-time high of 11,620.70.BSE MidCap gained 0.20%, while SmallCap fell 0.14%. Among the sectoral indices on BSE, IT, FMCG and capital goods led gains by rising over 1%. Metal, basic materials, bankex and finance declined.NTPC, Dr. Reddy’s Labs, L&T, Reliance and Tech Mahindra were among the top gainers, whereas Tata Motors, BPCL, Vedanta, Tata Steel and Bajaj Auto were among the major losers.
Source-  https://www.livemint.com