Sensex, Nifty extend record momentum on banking boost

Indian shares scaled record highs on Friday and were set to post a weekly gain of more than 1%, as banking stocks jumped a day after the country’s finance minister laid out details for the establishment of a bad bank. The blue-chip NSE Nifty 50 index rose 0.52% to 17,721.0 by 9:27 am, having hit a record of…

Sensex crosses 56,000 for 1st time, Nifty opens higher on banking boost

Indian shares opened at record highs on Wednesday, boosted by heavyweight HDFC Bank after the country’s central bank relaxed restrictions on the private-sector lender for sourcing new credit cards. By 9:19 am, the blue-chip NSE Nifty 50 index was 0.39% higher at 16,678.95, while the benchmark S&P BSE Sensex…