Sensex hits new all-time high; Nifty breaches 23,000-mark for first time

The 30-share BSE Sensex climbed 164.24 points to hit its all-time high of 75,582.28 in early trade
Sensex hits new all-time high; Nifty breaches 23,000-mark for first time
Sensex hits new all-time high; Nifty breaches 23,000-mark for first time
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New Delhi: Benchmark equity indices Sensex and Nifty hit their fresh all-time peaks in early trade on Friday amid buoyant investors' sentiment days ahead of the results of the Lok Sabha polls announcement and fresh foreign fund inflows.

The 30-share BSE Sensex climbed 164.24 points to hit its all-time high of 75,582.28 in early trade. The NSE Nifty went up by 36.4 points to breach the 23,000 mark for the first time ever. It hit its lifetime peak of 23,004.05.

From the Sensex firms, Bajaj Finance, Larsen & Toubro, Tata Steel, State Bank of India, HDFC Bank and Bharti Airtel were the major gainers.

Foreign Institutional Investors (FIIs) turned buyers on Thursday after days of offloading equities. They bought equities worth Rs 4,670.95 crore on Thursday, according to exchange data.

The results of the ongoing general elections will be declared on June 4.

Global oil benchmark Brent crude climbed 0.05 percent to USD 81.40 a barrel.

With nearly a fortnight left for the results of Lok Sabha polls, benchmark stock indices Sensex and Nifty zoomed more than 1.6 percent to close at lifetime high levels on Thursday.

Regaining the 75,000 level, the BSE Sensex ended at an all-time peak of 75,418.04, up by 1,196.98 points or 1.61 percent. The NSE Nifty inched closer to the 23,000 mark during the day on Thursday. The 50-issue index went up by 369.85 points or 1.64 percent to 22,967.65.

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