Sensex scales 60k after RBI retains accommodative stance

October 08, 2021 17:30

The Sensex soared past the 60,000-level while the Nifty finished at an all-time high on Friday after the Reserve Bank kept the key interest rates unchanged but maintained its accommodative stance to bolster economic recovery.

Market heavyweight Reliance Industries led the gains, while IT stocks too saw heavy buying ahead of TCS' results.

The 30-share BSE Sensex jumped 381.23 points or 0.64 per cent to close at 60,059.06, just shy of its lifetime high.

The NSE Nifty rose 104.85 points or 0.59 per cent to its fresh closing peak of 17,895.20.

Reliance Industries was the top gainer in the Sensex pack, rallying 3.84 per cent, followed by Infosys, Tech Mahindra, HCL Tech, TCS, Tata Steel and L&T. In contrast, HUL, NTPC, Kotak Bank, Maruti Suzuki, Dr Reddy's and Titan were among the laggards, shedding up to 1.16 per cent.

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