Sensex Crosses 40,000, Nifty Tops 12,000 As Markets Near Record Highs

INSUBCONTINENT EXCLUSIVE:
Buying across sectors - primarily state-run banks, auto and energy stocks - led the upmove. Domestic
stock markets jumped to trade near record highs on Friday - with the SP BSE Sensex back above the 40,000 mark, ahead of the release of GDP
or gross domestic product data by the government
The SP BSE Sensex index rose as much as 290.37 points to 40,122.34, and the NSE Nifty index climbed to 12,039.25, up 93.35 points from the
previous close
Buying across sectors - primarily state-run banks, auto and energy stocks - led the upmove
The Sensex and Nifty had clocked all-time highs of 40,124.96 and 12,041.15 respectively on May 23