Indian share markets continued its upward momentum closing the May Future and option expiry on record highs. Nifty and Bank Nifty closed in the green led by a strong rally in HDFDs, Reliance industries & Kotak Mahindra Bank.
The Sensex closed 330pts higher at record closing high of 39832-level, while the Nifty50 added 85pts to end at new closing high of 11946-level. Nifty Midcap gained 0.8pct while Nifty Smallcap ended up 0.5pc.
Gainers and Losers were NTPC up 3.32%, Yes Bank & Airtel 2.3%, while Sun Pharma down 2.6%, Eicher and Zee down over 2%
Shares of Adani Power jumped nearly 7% after the company reported a net profit of Rs634.64crore for the Q4 ended March 31. On the NSE, shares advanced 6.82% to close at Rs51.65 per share.
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