Sensex extends record run, jumps over 200 pts; RIL up 2 pc

The benchmark BSE Sensex extended its record run by rising over 200 points in early trade Thursday led by gains in index heavyweight RIL ahead of its earnings.

Investor sentiment was also boosted by unabated foreign fund inflow, experts said.

After hitting a lifetime high (intra-day) of 39,487.45, the 30-share index was trading 136.38 points or 0.35 per cent higher at 39,412.02. The NSE Nifty too soared to another record high of 11,856 in early session.

In the previous session Tuesday, the BSE bourse marked its lifetime closing high of 39,275.64. Similarly, the broader Nifty too settled at a new record closing level of 11,787.15.

According to Sunil Sharma, Chief Investment Officer at Sanctum Wealth Management, robust foreign inflows have been the primary reason behind a steep rally in Indian markets over the last few weeks. "Earnings growth and election outcome will be key monitorables going forward."
On the other hand, Yes Bank, Vedanta, SBI, Tata Steel, Bharti Airtel, IndusInd Bank and Infosys were the top losers, shedding up to 2.38 per cent