Share Market, Rupee, Gold, Petrol, Diesel Price/Rate Highlights: The frontline indices on the National Stock Exchange (NSE) and the BSE climbed nearly 0.5 per cent higher on Wednesday.
The S&P BSE Sensex settled at 40,651.64, up 181.94 points or 0.45 per cent. The broader Nifty 50 index gained 59.00 points or 0.49 per cent to end the day at 11,999.10. Earlier in the day, the Sensex hit a record high of 40,816.38.
Among sectors, the Nifty Pharma index climbed 3.26 per cent to settle at 8,107.60 led by gains in Sun Pharmaceutical Industries, Lupin and Aurobindo Pharma. The Nifty Media index too settled 3.23 per cent higher at 1,863.20 led by Dish TV India and Zee Entertainment Enterprises.
In individual stocks, Reliance Industries (RIL) continued its upswing in the markets and rose to a fresh record high of Rs 1,571.85 per share on BSE during the intraday trade on Wednesday. During the market process, the market capitalisation of the oil-to-telecom company inched closer to the Rs 10 lakh crore mark. The stock eventually settled at Rs 1547.05, up Rs 37.25 or 2.47 per cent. The market value of RIL stood at Rs 9,80,699.59 crore at the end of Wednesday, according to data available on the BSE.