Extending its gains for the fifth straight session, market benchmark BSE Sensex ended 77 points higher at 40,129 on Thursday on the back of a rally in IT and banking stocks. After touching a fresh lifetime high of 40,392.22 (intra-day), the 30-share index settled 77.18 points, or 0.19 per cent, higher at 40,129.05.
The broader NSE Nifty too advanced 33.35 points, or 0.28 per cent, to close at 11,877.45. Yes Bank was the top gainer in the Sensex pack, soaring 24.03 per cent, after the lender said it had received a binding offer for USD 1.2 billion (approximately Rs 8,500 crore) funding from an overseas investor.
SBI, Infosys, Tata Motors, Bharti Airtel, HCL Tech and HDFC too rallied up to 7.69 per cent. On the other hand, Tech Mahindra, Axis Bank, Tata Steel, M&M and ICICI Bank fell up to 2.09 per cent. -- PTI