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Nifty ends above 9,300 for the first time ever amid global rally

Nifty50 rose to fresh record high of 9,309 surpassing previous peak on April 5, rising over 13% YTD

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<a href="http://www.shutterstock.com/pic-80453707.html" target="_blank">Image</a> via Shutterstock

Pranati Deva New Delhi
Riding on relief rally from French elections and optimistic quarterly earnings, Nifty50 ended the day at a fresh closing high.
 
Nifty50 today breached 9,300-level for the first time ever rising to fresh record high of 9,309 surpassing the previous peak on April 5, rising over 13% year-to-date. The gains were led in Bharti Infratel, M&M, BPCL and HeroMoto Corp.
 
The S&P BSE Sensex settled at 29,943 up 287 points, while the broader Nifty50 ended at 9,306 up 88 points.
 
In the broader market, Midcap and Smallcap indices also followed the train, hitting their respective record highs. The