Sensex Closed above 38,300 for First Time, Nifty Settles at 11,582

Tech Mahindra, Dr Reddy, HCL Tech and Lupin were the top gainers on Nifty50.

Domestic stock markets today closed on record highs after touching all-time highs in the intraday trade.

S&P BSE Sensex closed at 38,336.76, 0.13 per cent or 51.01 points higher while broader NSE Nifty settled at 11,582.75, 0.10 per cent or 11.85 points after it crossed the 11,600-mark earlier in the day.

Gains were led by IT, pharma and energy stocks. Construction major L&T rose almost 2 per cent after its board approved a share buyback worth Rs. 9,000 crore.

Among other major advancers were Reliance Industries, NTPC and Adani Ports on the 30-pack Sensex. Tech Mahindra, Dr Reddy, NTPC, HCL Tech and Adani Ports were the top gainers on Nifty50.

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