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Nifty50 index ends above 15,300 for the first time since February 16

Index just 14 points shy of lifetime high

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The Nifty has risen about 9 per cent so far this year, compared to a 3 per cent rise in the regional benchmark MSCI Asia Pacific Index

Sundar SethuramanBloomberg Mumbai
The benchmark Nifty50 index closed above 15,300 for the first time since February 16. The index rose for a fourth day on optimism that economic activity will accelerate as pandemic-led restrictions ease and vaccinations rise.

The Nifty added 93 points, or 0.61 per cent, to close at 15,301.45—mere 14 points short of a new lifetime high. The index had logged its lifetime high on a closing basis of 15,314.7 on February 15, just before the onset of the lethal second wave of Covid-19. The Sensex closed at 51,017, with a gain of 380 points, or 0.75 per cent. The index is