Sensex, Nifty leap to new record highs on funds inflow

May 16, 2017 10:54

Raising the bar, the Sensex today shot up another 181 points to a fresh all-time intra-day high of 30,503 and the Nifty 9,482, with retail investors steering the ship amid unabated foreign capital inflows. Encouraging earnings also supported the rally.

The 30-share BSE index leapt 181.36 points, or 0.60 per cent, to trade at a new record 30,503.48, surpassing its previous milestone of 30,366.43 (intra-day) touched on May 11.

The gauge had rallied 134 points in the previous session. The National Stock Exchange index Nifty did not disappoint either, gaining another 36.90 points, or 0.39 per cent, to hit a new high of 9,482.30, breaching its previous intra-day high of 9,450.65 hit on May 11.

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