Stock Market News: Extending the bull run in the intraday trade on Thursday, the BSE Sensex ended at its lifetime closing high while Nifty and Bank Nifty scaled its all-time high. The BSE Sensex gained 109 points and closed at 41,130 levels — it's all-time closing high. Nifty-50 index broke its previous high of 12,130 and closed at 12,151 levels gaining 50 points in the intraday trade after the Closing Bell. Bank Nifty too witnessed heavy buying and scaled its lifetime high of 32,157 levels. Bank Nifty ended at 32,122 levels after soaring 247 points in the intraday trade.

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Giving idea about the stock market Prakash Pandey, MD & CEO at Plutus Advisors said, "The market sentiments are positive and much will depend upon the Indian GDP number, which is coming tomorrow. Nifty index has sustained above 12,100 which indicates that it may showcase up to 12,250 to 12,300 if the Indian GDP numbers are in sync with the market expectations. ICICI Bank shares that remained underperformer in earlier bank stocks rally has paced up and has been making new highs in regular trading sessions. In fact, the current Bank Nifty is mainly caused by the ICICI Bank share price rally."

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Speaking on the F&O expiry and its impact on the Indian indices S Hariharan, Head — Sales Trading, Emkay Global Financial Services said, "In line with a bullish undertone for the market throughout the month, F&O expiry is also expected to close the month with strong gains. Financials & Autos have had strong rolls, while the weakest rolls have been in Materials and OMC sectors. For the month of Nov so far, foreign inflows in the cash segment have totaled $2 bn, while FII positioning in index futures has turned to net long after a gap of 6 months. Moreover, FII stock futures positions are also expected to have the highest-ever month-ending net long position. This points to a strong external flow environment, and historically, such instances have led to follow-on strength in the market in Dec as well.”

Shares of Indiabulls Housing Finance, Bharti Infratel, IIFL Finance, Vodafone Idea, Corporation Bank, Union Bank of India, LIC Housing Finance were among the major gainers in the intraday trade session while shares of Cummins India, Sun Pharma Advanced, Bosch, Alembic Pharmaceutical and Graphite India were among the major losers after the Closing Bell trade session.

Telecom stocks led the bull run on Dalal Street as the BSE Telecom index went northward 3.49 per cent in the intraday trade. Telecom major Vodafone Idea share price soared 12.73 per cent, Bharti Infratel shares skyrocketed 14 per cent, Mahanagar Telephone Nigam Ltd or MTNL stocks went up 4.9 per cent, Reliance Communications soared 4 per cent while ITI share price rose 2.12 pre cent.

Banking stocks had a shiny day at Dalal Street as the Bank Nifty before closing at 32,122 levels soared to its lifetime high of 32,157 levels. Banking major YES Bank share price soared 3.15 per cent, RBL Bank shares scaled 3.63 per cent, IndusInd Bank stocks went up 2.70 per cent, ICICI Bank stock price rose 2.49 per cent while Federal Bank counter shot up 3.989 per cent in the intraday trade.

Among the major Asian markets, the Japanese Nikkei 225 index shed 0.12 per cent, Kospi crashed 0.43 per cent, Hang Seng went down 0.22 per cent while the Shanghai market dipped 0.47 per cent