The broader markets clearly witnessed profit booking in several top-performing Midcap names during the day.
IRCTC Share Price: In the past one month, IRCTC has surged 63.69% against a 5.33% rise in the Sensex.
Life Insurance Corporation of India (LIC) sold 8,28,02,533 equity shares or 2.01% stake in SAIL.
Investors can buy ITC, Maruti, Pidilite, PI Inds, HDFC Life for good returns to investors in the next 12 months.
Nifty IT index was leading the sectoral pack with gains of 2.10%.
Nifty PSU Bank was the star of the day as it surged 3.98% followed by the Nifty Metal index rallied 3.89%.
In opening trades Sensex scaled to a new peak of 61,817 higher by 512 points or % 0.83%. Likewise, the Nifty was quoting at 18,454 adding 115 points.
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The company has further increased its revenue growth guidance to 16.5%-17.5% from 14%-16% given earlier.
Shivangi Sarda of Motilal Oswal Financial Services is bullish on Tata Steel with a price target of Rs 1,422 per share.