Brokers said the market continued to lure foreign investors on growth prospects who pumped in Rs 60,000 crore so far
The BSE benchmark Sensex on Thursday rose by 13 points to record closing high of 22,715.33 on sustained buying by funds in bluechips in a volatile session amid firming global trends.
Riding high on IMF growth forecast, the 30-share index touched new high of 22,792.49 in early trade.
However, profit booking emerged later pulling the index down by 57 points to a day’s low of 22,644.43 points. Finally, the barometer settled at 22,715.33, up by 12.99 points or 0.06 per cent.
Brokers said the market continued to lure foreign investors on growth prospects who pumped in Rs 60,000 crore this year so far, considering India more attractive among emerging markets.
On similar lines, the broad-based Nifty of the National Stock Exchange climbed to an all-time high of 6,819.05 before settling 0.20 point up at 6,796.40, also a record closing level.
In 30-BSE index components, 16 stocks gained while 14 ended with losses.
Reliance Industries, State Bank of India, Axis Bank, Tata Motors, Tata Power and HDFC Ltd were among major gainers.