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Sensex, Nifty hit record close for fourth straight day

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Reuters

(Reuters) - India's main stock indexes closed at record highs for a fourth straight session, with the BSE index ending above 32,000 for the first time, as consumer inflation rate eased to its lowest in five years, cementing hopes for a rate cut.

The benchmark BSE Sensex rose 0.73 percent to end at 32,037.38.

The broader NSE Nifty ended 0.77 percent higher at 9,891.70, having cleared two major technical resistance levels. Graphic: http://tmsnrt.rs/2uUe5DM

(Reporting by Arnab Paul and Gaurav Dogra in Bengaluru; Editing by Gopakumar Warrier)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 13 2017 | 4:03 PM IST

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