Sensex hits new record high of 21483

The BSE Sensex and the NSE Nifty soared to hit new all-time high of 21,483.74 and 6,415.25 points, respectively, on sustained fund inflows after the BJP’s spectacular performance in the Assembly elections amid a firming overseas trend. The 30-share index, which had gained 287.82 points in the previous two sessions, zoomed to hit an all-time high of 21,483.74 by surging 487.21 points. All the sectoral indices, led by banking and capital goods, were trading in positive territory with gains up to 3.68 per cent. The 50-share NSE Nifty also recorded its all-time high of 6,415.25, surpassing the previous closing high of 6,357.10 registered on January 8, 2008. In the Asian region, Japan’s Nikkei rose 1.85 per cent, while Hong Kong’s Hang Seng rose 0.37 per cent in early trade on Monday. The US Dow Jones Industrial Average closed 1.26 per cent higher on Friday.