Indian shares surged to record highs on Wednesday, led by gains in financials, metals and realty stocks.
Benchmark indexes moved in a narrow range for most part of the day before ending firmly in positive territory.
Rising above the 53,000 mark for the first time, the 30-share BSE Sensex ended the session up 193.58 points, or 0.37 percent, at 53,054.76.
The broader NSE Nifty index rose 61.40 points, or 0.39 percent to close at a record high of 15,879.65 as investors await cues from earnings and an upcoming cabinet reshuffle of the central government.
Tata Steel surged as much as 5 percent, a day after it unveiled plans to invest ?50,000-60,000 crore over the next five years.
UPL, Bajaj FinServ, Hindalco and JSW Steel climbed 2-3 percent, while Titan Company fell over 2 percent after announcing its Q1FY22 business update.
ONGC dropped 1.2 percent after oil prices fell sharply overnight.
Reliance Industries, SBI Life and Maruti Suzuki all ended down less than 1 percent.
Globally, cues from Asia and Europe were mixed as investors awaited the release of the minutes of the Federal Reserve meeting later today for more clues on the U.S. central bank's thinking around rates, bond-purchasing and the economic outlook.
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