8 Insights into Sensex ending above 73K: February 20

1. Sensex crosses 73K

For the first time on Monday, Benchmark Sensex reached above level 73,000.

2. Nifty Peak

IT shares, HDFC Bank, and Reliance shares powered a record-breaking run for Nifty peaking at 2,000.

3. fifth straight session

Todays market saw growth for the fifth straight session as the Sensex closed at a lifetime closing high of 73,327.94, up 759.49 points, or 1.05 percent. The index rose 833.71 points, or 1.14 percent, during the day to reach an intraday record high of 73,402.16.

4. Nifty reached new high

Nifty reached a new closing high of 22,097.45 after zooming 202.90 points, or 0.93 percent, higher. It increased by 221 points, or 1%, during the day to hit a lifetime intra-day high of 22,115.55.

5. IT shares

The indices reached new record high levels thanks to a robust surge in IT shares: Infosys, TCS, Wipro, and HCL Tech. They followed better-than-expected Q3 results. Shares of the oil and gas and energy sectors contributed to the surge.

6. Wipro Shares

Wipro gained more than 6% on the Sensex following the IT companys better-than-expected December quarter earnings.

7. major Sensex gainers

Increasing up to 2.90%, HCL Technologies, HDFC Bank, Infosys, Tech Mahindra, Bharti Airtel, and Reliance Industries were among the other top gainers on the Sensex.

8. Shares that decreased

Axis Bank, Larsen & Toubro, Tata Motors, Tata Steel, Bajaj Finance, and Bajaj Finserv were among the top Sensex shares that decreased, dropping as much as 2.34%.