Sensex, Nifty continue record breaking run; RIL breaches Rs 10 lakh cr M-cap mark

Benchmark stock indices extended their record-breaking run for the second day on Thursday, propped up by gains in index heavyweights ICICI Bank and Reliance Industries, which became the first Indian firm to breach the Rs 10-lakh crore market valuation mark.

The 30-share Sensex rose to an all-time high (intra-day) of 41,163.79 before setting up by 109.56 points or 0.27 per cent at 41,130.17 -- its record closing high.

The broader NSE Nifty closed at a fresh life-time high of 12,151.15, up by 50.45 points or 0.42 per cent over the previous close.

Reliance Industries (RIL) became the first Indian company to settle above the Rs 10 lakh crore market valuation mark, ending 0.65 per cent higher.

Vinod Nair, Head of Research at Geojit Financial Services, said, "Market stayed positive despite expiry led volatility & the announcement of GDP data tomorrow as investors got a sense that increasing global liquidity will provide support in every consolidation."