BENGALURU, Jan 15 Reuters India39;s bluechip indexes hit record highs for a second consecutive session on Monday, led by information technology stocks after betterthanexpected results from HCLTech and Wipro.
The NSE Nifty 50 index added 0.93 to 22,097.45 points, while the SP BSE Sensex climbed 1.05 to 73,327.94.
The Nifty 50 surpassed the 22,000 level, while the Sensex breached the 73,000 mark for the first time.
IT jumped as much as 3.85 to its highest in two years, before paring gains to close 1.86 higher.
The index has risen 7.10 in the last two sessions, boosted by betterthanexpected thirdquarter results from the top four IT companies.
The Street was very negative on the sector ahead of the results, so a surprisingly steady set of numbers has triggered optimism, said Anita Gandhi, founder and head of institution at Arihant Capital.
More than a quarter of analysts covering IT companies had the equivalent of sell or strong sell on the stocks, the most among all sectors, ahead of the earnings.
Shares of Wipro jumped 6.26, while HCLTech climbed 3.08 on the day.
Wipro, HCLTech and Infosys were among the top four Nifty 50 gainers, adding between 2.4 and 6.5.
Among individual stocks, stateowned Oil and Natural Gas Corp ONGC rose 4.5, leading energy and oil and gas up 1.37 and 1.73, respectively.
The jump comes after a PTI report said that ONGC made two natural gas discoveries in the Mahanadi basin deepwater block in the Bay of Bengal.
Bank index jumped about 1,…