Domestic indices rise on positive global cues, foreign fund inflows

The Sensex defied gravity for the eighth straight session to finish at yet another record high on Wednesday, as positive global cues and robust foreign fund inflows fuelled risk-on sentiment.

The government approving a Rs 2-trillion production-linked incentive package for various sectors, also buoyed investors, traders said.

After touching its all-time peak of 43,708.47 during a see-saw session, the Sensex settled 316.02 points, or 0.73 per cent higher, at 43,593.67.

Similarly, the Nifty vaulted 118.05 points, or 0.93 per cent, to close at a record 12,749.15. Intra-day, it touched its all-time high of 12,769.75.

Both the key indices scaled record highs for the third