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Sensex, Nifty extend record-breaking spree

Sensex Nifty extend record breaking spree Continuing their record-breaking spree, markets on Monday hit new highs with the BSE sensex scaling another peak of 28,514.98 and the NSE nifty breaching the 8,500-mark for the first time in opening trade on sustained capital inflows buoyed by positive domestic and global cues.

The benchmark BSE sensex climbed 180.35 points, or 0.63%, to trade at a new high of 28,514.98, breaking its previous record of 28,360.66 reached on November 21.

The benchmark index had gained 301.78 points in the previous two sessions.

The National Stock Exchange index nifty breached the 8,500-mark for the first time to hit a new peak of 8,529 by gaining 51.65 points, or 0.60%. It surpassed previous intra-day high of 8,489.80 touched on Friday.

Among other Asian markets, Hong Kong’s Hang Seng index was up by 1.87%, while Japan’s Nikkei rose 0.33% in early trade.

The US Dow Jones Industrial Average ended 0.51% higher in Friday’s trade.