Sensex, Nifty hit record close for fourth straight day

Consumer inflation rate eased to its lowest in five years, cementing hopes for a rate cut.

A man ties a balloon to the horns of a bull statue at the entrance of the Bombay Stock Exchange on April 26 while celebrating the Sensex index rising to over 30,000. (File Photo | Reuters) 

India's main stock indexes closed at record highs for a fourth straight session, with the BSE index ending above 32,000 for the first time, as consumer inflation rate eased to its lowest in five years, cementing hopes for a rate cut.

The benchmark BSE Sensex rose 0.73 percent to end at 32,037.38.

The broader NSE Nifty ended 0.77 percent higher at 9,891.70, having cleared two major technical resistance levels.