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Air India sale: Third time lucky?

Air India sale: Third time lucky?
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Stocks To Watch: Coal India, Hindustan Copper, SpiceJet, JSW Energy, Srei Infra, Tata Group

India's stock benchmarks closed at record highs on Wednesday aided by gains in telecom, auto, power and I.T. stocks. The S&P BSE Sensex rose 0.82% to 58,723.20, a record close for the 30-stock index which hit a record 58,777.06 in intraday trade. The NSE Nifty 50 advanced by a similar magnitude to 17,519.45, a record close. The 50-stock index hit a record 17,532.70 in intraday trade. This is the first ever time Nifty crossed 17,500.

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