Mumbai: Indian stock market has set a new record today. The Sensex rose over 250 points to cross 56,000 for the first time during early trading on Wednesday. The stock market has reached historic highs due to the rise in big stocks like HDFC, HDFC Bank and Reliance Industries.
HDFC Bank rose two per cent
The biggest gain of two per cent in the Sensex was in HDFC Bank. Apart from this, UltraTech Cement, Bajaj Finance, PowerGrid, L&T, Bajaj Finserv and HDFC were also among the top gainers. On the other hand, IndusInd Bank, Kotak Bank, Bajaj Auto and Infosys declined. In the previous session, the Sensex closed 209.69 points or 0.38 per cent higher at 55,792.27 and the Nifty was up 51.55 points or 0.31 per cent at 16,614.60.