Nifty crosses 10,000 mark; hits all time high

FIIs, MFs have invested Rs 80,000 cr since March 14, when the index closed above 9,000

The country’s benchmark indices hit new all-time highs on Wednesday, with the 50-share Nifty closing above the psychological 10,000-mark for the first time and the 30-share Sensex closing 0.48 per cent higher at 32,382. A rally in metal stocks and quarterly earnings optimism boosted sentiment. The Nifty ended the day at 10,020, up 56 points or 0.56 per cent.

On Tuesday, the Nifty had briefly crossed the 10,000-level but closed at 9964.55. 

Nifty’s journey from 9,000 to 10,000 took just 92 trading days. The latest 1,000-point (10.3 per cent) rally has been driven by robust investments from both foreign institutional