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Wednesday, 17 May 2017

Sensex, Nifty extend bull run, hit record highs

Mumbai, May 17 (PTI) Markets ended at record highs for the third straight session on Wednesday on sustained foreign inflows and persistent buying by retail investors buoyed by the early onset of monsoon and encouraging quarterly earnings.

The BSE Sensex closed at a new peak of 30,658.77, while the broader Nifty finished at an all-time high of 9,525.75 (rpt) 9,525.75.

After opening weak, the Sensex zoomed to hit yet another record intra-day high of 30,692.45, before slipping to 30,519.14 on profit-booking.

It finally finished at 30,658.77, up 76.17 points, or 0.25 per cent, surpassing the previous record close of 30,582.60 hit yesterday.

On similar lines, the NSE Nifty ended at 9,525.75, up 13.50 points or 0.14 per cent, breaking its previous record closed of 9,512.25 hit in yesterday's trade.

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