Sensex Closes Above 38,300 For First Time, Nifty Settles At 11,582
The Nifty IT index -- an NSE sectoral index -- closed 1.2 per cent higher led by Tech Mahindra, which rose 2.8 per cent.
On both the indices, Tata Motors was the top laggard. On the NSE, it closed 4.6 per cent lower.