Sensex, Nifty at historic high levels; banks steal the show

News, Business

Mumbai: The BSE Sensex on Wednesday soared to the life-time high of 33,117.33 and the NSE Nifty scaled the historic 10,340.55 mark in opening trade as banking stocks rallied after the government announced a mega Rs 2.11 lakh crore recapitalisation plan for NPA-hit state-run lenders.

The 30-share Sensex soared 509.99 points, or 1.56 per cent, to quote at an all-time high of 33,117.33 points, breaching its previous record high (intra-day) of 32,699.86 hit on October 17.