Sensex breaches 30,000; closes at lifetime high

Markets post gains for second consecutive session as investor sentiment remains positive

The BSE Sensex crossed the 30,000 mark for the first time in about  two years, as the Indian equity markets went up for a consecutive session. The Sensex gained 64 points, or 0.2 per cent, during the session to end at 29,974.2, while the NSE’s Nifty closed at 9,265 — 27.3 points, or 0.3 per cent — higher. Both indices closed at new lifetime highs. 

The broader markets outperformed, with the small-cap index climbing 1.1 per cent and the mid-cap index rising 0.46 per cent. 

The overall breadth of the market remained positive, with shares of 1,987 companies registering gains, against declines