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Sensex closes at 61,706, Nifty settles above 25,800
Business
Stock markets stayed mostly steady on Thursday, with the Sensex inching up just 12 points and the Nifty settling above 25,800.
Investors seemed cautious ahead of the Bihar Assembly election results and key US inflation data.
The day started strong—Nifty even crossed 26,000—but late selling cooled things off.
Nifty Bank hits fresh all-time high
The Nifty Bank index hit a fresh 52-week high before easing back a bit but still closed marginally higher.
Sector performance was mixed: metals, pharma, and realty saw small gains; IT, media, and PSU banks dipped.
Over 120 stocks—including names like Ashok Leyland and Asian Paints—hit their own yearly highs.
Meanwhile, Prestige Estates surged after posting big profit growth, while Ircon International slipped on weaker earnings.