Sensex scales new peak; Nifty ends above 17,200

Indian benchmark equity indices resumed upward march on Thursday after a day's pause and settled at fresh closing highs. Sensex ended 514.33 points or 0.90% at 57,852.54, while Nifty climbed 157.90 points or 0.92% to 17,234.15. TCS, closing over 3% higher, was the top Sensex gainer followed by HUL, UltraTech Cement, Nestle India, Kotak Bank, Dr Reddy’s and Titan. Bajaj Auto, Bajaj Finserv and Asian Paints were among the laggards. Barring Nifty PSU Bank and Nifty Auto, all sectoral indices on the NSE closed in green. Strong buying momentum was witnesed across IT and FMCG stocks. In Asia, stock exchanges in Tokyo, Shanghai and Hong Kong ended in the green.