New Delhi, Jan. 28 -- Shares of mining giant Vedanta maintained their strong upward momentum on Wednesday, January 28, extending gains to the fifth consecutive trading session.

Vedanta share price opened the session higher at Rs.711 and went on to hit a fresh record high of Rs.741.95, up 5.20% from the previous close. Over the past five sessions, Vedanta shares have gained a cumulative 10.5%.

Apart from the continued rally in industrial metal prices, today's rally in the Anil Agarwal-led company is also backed by the company's decision to sell a 1.59% stake in Hindustan Zinc.

The company, on Tuesday post-market hours, said its duly authorised Committee of Directors has approved the sale of up to 6,70,00,000 equity shares of Hindustan Z...