Sensex, Nifty Retain Uptrend

The benchmark BSE Sensex hit yet another lifetime high of 32,131.92 points while broader NSE Nifty 50 scaled a new peak of 9,920.3 points in the late morning trade on Monday, led by huge gains in major information technology companies. This is the third straight trading session in which the Indian stock markets claimed the new record levels.

IT giants helped push the benchmark indices to record highs with Wipro leading the gains, rising as much as 5.5% to Rs 273.9 after saying that it will consider a share buyback at its board meeting later on Thursday. India’s second largest IT company Infosys gained 2% to Rs 991.2 after raising its sales forecast on Friday.
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