MARKETS: Sensex hits 60,000, Nifty tops 17,900; bank, IT stocks rally

Are living market place updates: The domestic markets scripted record as Sensex surged previous the 60,000 mark for the first time, reaching a further feat considering the fact that the bull operate commenced very last calendar year. Led by powerful gains in IT and banking counters, the BSE Sensex was buying and selling 400 points up at 60,286 and the Nifty was 105 factors better at 17,927.

The major gainers in the 50-pack index bundled Infosys, Wipro and HCL Tech, even though the prime losers were Hindalco, JSW Metal and Tata Shopper Items. 

The broader indices, way too, opened agency, with the Nifty Midcap 100 up .5 for every cent and the Smallcap 100 greater by .74 for every cent. The volatility indicator–India VIX–rose by 1.14 per cent at 16.79 degree. 
Additional, sectorally, the leading gainer remained to be the Nifty IT pack, which rose in excess of 2 for each cent. The only sectoral laggards in opening trade were Nifty Media (down .93 for each cent), Nifty Steel (.84 for each cent), Nifty FMCG (down .14 for each cent) and Nifty PSU Lender (down .02 for every cent).