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)
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)
Updated on: 
1 min read

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.

Related Stories

No stories found.

X
The New Indian Express
www.newindianexpress.com