Jubilant Life Sciences settled with gains of nearly 17% and added Rs 1,761.64 cr to its market capitalisation after the company reported strong Dec quarter earnings.
Sensex surged 310.77 points, or 0.89 per cent, to end at 35,081.82, breaking its previous record of 34,843.51 reached on Jan 15.
The 30-share Sensex jumped 310.77 points, or 0.89%, to end at a new peak of 35,081.82, breaking its previous record of 34,843.51 reached on Jan 15.
The 30-share index crossed the 35,000-mark by jumping 231.73 pts or 0.66% to 35,002.78, breaching its previous intra-day record of 34,963.69 hit on Jan 15.
Optimism around quarterly corporate earnings, along with healthy buying in IT, banking and capital goods stocks, lifted the equity indices to trade at fresh high levels.
MCX plunged more than 5 percent in morning trade after the company's December quarter net profit declined by 45 percent.
The benchmark Sensex recovered from its early volatility to trade 126.76 points higher in late morning deals on easing fiscal deficit concerns despite lower Asian cues.
Shares of information technology companies surged in the morning trade even as the broader market was trading with marginal gains.
The benchmark BSE Sensex recovered 70 points in opening trade today on gains in IT, banking and auto stocks despite weak Asian cues.
BSE said its board has approved the plan to buyback shares worth Rs 1.66 billion within one year of its listing.
Sells 85% of units in Project Forest Edge on day of launch
Board approves buyback of upto Rs 166 Cr At Rs 1,100/Sh
Gets environment approval for pesticide plant in Gujarat
Taj Mansingh Bidding may be delayed by a month
Business Standard Reports
BANK OF INDIA
Defers Rs 3,000 Cr QIP as Govt Infuses Rs 2,257 Cr
Business Line Reports