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New milestones for indices: Sensex climbs mount 41k, Nifty closes at 12,101

Optimism over the US-China trade deal and benign monetary policy have helped global investor sentiment

Sensex, Nifty, indices,
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Sundar Sethuraman
The benchmark indices marked new milestones on Wednesday with the Sensex closing above 41,000 mark and the Nifty logging new all-time highs after six months. Gains in index heavyweights amid sustained foreign flows have led to strong momentum in the market. Also, optimism over the US-China trade deal and benign monetary policy have helped global investor sentiment.  

The Sensex ended at 41,020, following a gain of 199 points, or 0.5 per cent. The Nifty added 63 points, or 0.52 per cent, to end a 12,101. Blue chip stocks including HDFC, Reliance Industries (RIL) and State Bank of India (SBI) led the