The NSE Nifty on Tuesday, August 31 has crossed the milestone of 17,000 in the afternoon trade led by advances in banking and metal counters. The Nifty index took 19 trading sessions to add 1000 points from 16000.
The milestone is said to be historical as the index has surged 1000 points in 19 sessions which is the fastest surge ever. Overall from 16000 to 17000, shares of Reliance Industries, HDFC Bank, HDFC and TCS were the top contributors for the index.
At 12:33 IST, the Nifty was at 17,012.05, up 81 points, and the BSE Sensex was up 278.78 points at 57,168.