Mumbai, July 7

Equity benchmark Sensex jumped 194 points to close above the 53,000-mark for the first time on Wednesday, propelled by metal, finance and banking stocks, as investors were in buying mode ahead of a reshuffle of the Union Cabinet. However, a weakening rupee and lacklustre global cues capped the gains, traders said.

Overcoming a choppy start, the BSE Sensex climbed 193.58 points to close at its fresh lifetime high of 53,054.76. Similarly, the NSE Nifty rose 61.40 points to its record peak of 15,879.65.

Nifty also at record high

• Overcoming a choppy start, the BSE Sensex climbed 193.58 points to close at its fresh lifetime high of 53,054.76
• Similarly, the NSE Nifty rose 61.40 points to its record peak of 15,879.65 points

Tata Steel topped the Sensex gainers’ chart, rallying 4.38%, followed by Bajaj Finserv, IndusInd Bank, HDFC, Nestle India, Asian Paints, Sun Pharma and PowerGrid.

On the other hand, Titan, Maruti, Reliance Industries, M&M, Tech Mahindra and Bajaj Auto were among the laggards, sliding up to 2.06%. — PTI