Sensex, Nifty hit new highs; RIL, Maruti lead rally

Markets continued their record-setting march for yet another session today with the BSE Sensex rising 64.02 points to end at a new peak of 29,974.24, powered by a strong rally in RIL, Maruti Suzuki and L&T.

The broader NSE Nifty too closed at its lifetime high of 9,265.15, up 27.30 points or 0.30 per cent.

A cautious strategy adopted by investors ahead of RBI's monetary policy announcement tomorrow dragged down the Sensex from the 30,000-mark.

The BSE 30-share index hit a high of 30,007.48 in intra-day trade, but slipped to 29,817.69 before settling at 29,974.24, up 64.02 points or 0.21 per cent.
 

This surpassed its previous high of 29,910.22, recorded on April 3.