Business

Sensex hits new record of 33,853.63; Nifty rises 34 pts

Sensex hits new record of 33,853.63; Nifty rises 34 pts

TIL Desk/Business/Mumbai/ The benchmark BSE Sensex today scaled a new peak of 33,853.63 as its record setting spree continues for a third day on the back of rally in infrastructure, IT, capital goods and banking stocks.

The broader Nifty gained 33.95 points, or 0.32 per cent, to trade at 10,485.75, approaching towards its life-time high of 10,490.45 points (intra-day) touched yesterday. Fresh inflows by foreign funds and positive global leads also lifted the mood, brokers said.

Foreign portfolio investors (FPIs) bought shares worth a net Rs 576.27 crore yesterday, the provisional exchange data showed. The 30-share Sensex climbed 122.44 points, or 0.36 per cent, to scale a new high of 33,853.63, breaching its previous intra-day record of 33,848.42 hit yesterday. The gauge had gained 157.97 points in the previous two sessions and closed at record high of 33,731.19 yesterday.

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