MUMBAI, JUNE 25 :  A series of positive news including good prospects of monsoon, expectations of policy continuity by the BJP-led NDA government and solid macro-economic indicators helped India’s Benchmark Indices rise to all-time high as the BSE Sensex touched 52-week high of 78164.71.

The BSE Sensex closed at new high of 78053.52 with gains of over 712 points mainly due to huge gains in the heavyweight banking stock especially in the private sector.

The National Stock Exchange (NSE) index, Nifty also rose 183.45 points to 23,721.30 but touched all-time high of 23754.15 during the intra-day. While the BSE Sensex rallied 823 points today.

Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) sold equities to the tune of Rs 654 crore and Rs 820 crore in the last trading session, as per data available.

Stocks that boosted the market were Bankex by 1.87 per cent, Financial services by 1.45 and IT by 0.53 per cent.

Even as both Sensex and Nifty touched all-time high, the mid-cap and small-cap registered marginal decline from their previous levels. The Mid cap fell 0.26 per cent and the Small cap by 0.03 per cent.

In 30-scrips index, 16 advanced while 14 declined. The gainers were Axis Bank by 3.66 per cent to Rs 1273, ICICI Bank by 2.91 per cent to Rs 1204, HDFC Bank by 2.16 per cent to Rs 1708.25 and Tech Mahindra by 1.80 per cent to Rs 1426.

The losers were Powergrid by 1.88 per cent to Rs 326.80, Asian Paints by 1.16 per cent to Rs 2862.35 and Tata Steel by 1.10 per cent to Rs 175.95.

The Asian Market was strong as Straits Times was up by 0.36 per cent, Hang Seng by 0.25 per cent and Taiwan Weighted by 0.27 per cent.(UNI)