Indian shares closed higher on June 3, pushing the Nifty50 above 15,700 in intraday trade for the first time. The S&P BSE Sensex rallied nearly 400 points to a fresh record high as well.
Sectorally, the rally was seen in consumer durables, realty, capital goods as well as industrials. The broader markets outperformed as the S&P BSE midcap and the smallcap indexes gained 1.04 percent each.
Stocks that were in focus included PNB Housing Finance, which rallied 10 percent to hit a fresh 52-week high,…
