Sensex hits another high of 21,373.66 on strong corp results

Larsen and Toubro surged 2.81 per cent to Rs 1,033 after the company posted better than expected profits for the third quarter ending December 31.

They said the buying activity was so strong that poor performance in global markets failed to influence the sentiment.

However, fall in Reliance Industries and Mahindra & Mahindra (2.82 per cent) restricted the gains, they added.

In 30-BSE index components, 14 stocks gained while 16 ended lower.

The consumer durable index gained the most by rising 2.33 per cent to 5,726.80 followed by capital goods index by 1.84 per cent to 9,889.53.

The FMCG index rose by 0.14 per cent to 6,606.82 and healthcare index by 0.12 per cent to 10,329.94.