Sensex, Nifty end at fresh closing highs on first session of FY18

Sensex ended at new closing high surpassing its previous milestone of 29681.77 hit on Jan 29, 2015

Riding on good PMI numbers and strong rupee, both indices ended the day at their respective record closing highs. The manufacturing sector expanded at the fastest pace in five months in March with Nikkei Manufacturing PMI at 52.5 in March, as compared to 50.7 in February.  Finance Minister pegging India's GDP growth at 7.7% in 2018 and hopes of timely implementation of GST also aided the sentiment.
 
Nifty gained as much as 71 points at intra-day to reach a new high of 9,245, surpassing its previous milestone of 9,118 hit on March 17 backed by index heavyweights. L&T and