January 24, 2018 / 6:51 AM / 6 months ago

Sensex, Nifty hit record closes; IT, banking stocks gain

(Reuters) - Indian shares hit record closes on Wednesday as gains in banking and IT stocks offset losses in the energy and materials sectors.

A broker (L) watches a TV news channel as another monitors share prices at a brokerage firm in Mumbai August 9, 2011. REUTERS/Danish Siddiqui/Files

State-run lenders rose after a government spokesperson said on Twitter that India would soon unveil details of its bank recapitalisation plan.

The broader NSE Nifty closed up 0.02 percent at 11,086 while the benchmark BSE Sensex ended 0.06 percent higher at 36,161.64. Both indexes posted record closes for the sixth straight session.

Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Amrutha Gayathri

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