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 and pumped in Rs 60,000 crore this year so far, considering India a more attractive among emerging markets. They said a firming trend in the Asian region and a higher opening in Europe as minutes from the Federal Reserves last meeting eased concern about when interest rates will increase, further fuelled the sentiment.
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.
The power sector index gained the most by surging 2.52 per cent to 1,785.77 followed by capital goods by 1.61 per cent to 12,326.55. Realty index rose by 1.25 per cent to 1,552.79 and PSU index by 0.98 per cent to 6,531.05. PTI RS SUN KPS MR