Stock Market Live: After a day’s gap, benchmark indices made new peaks again on Friday as investors awaited the Reserve Bank of India’s (RBI) monetary policy outcome. The BSE Sensex rose 200 points to a new high of 69,795 and the NSE Nifty50 gained 80 points to 20,985.
JSW Steel, Wipro, IndusInd Bank, HCL Tech, NTPC and M&M led gains on the Sensex, while LTIMindtree, UPL and Hindalco were the top Nifty winners.
On the flip side, ICICI Bank, Kotak Bank, SBI, Airtel, Bajaj Finance, Divi’s Labs and Dr Reddy’s were the leading frontline drags.
Among stocks, IIFL Securities rallied 12 per cent after SAT set aside Sebi order, which barred the firm from taking new clients for two years.
Shares of sugar companies like Praj Industries, Renuka Sugars, Dwarikesh Sugar tumbled 5-6 per cent after the govt asked the industry to stop producing ethanol from sugarcane juice amid expected shortage of sugar ahead.