Sensex hits record high of 30,503, Nifty at new peak of 9,482

Sensex shot up another 181 points on Tuesday while opening at a record-high of 30,503 whereas the Nifty opened at 9,482, breaching its earlier mark of 9,450.65 amid foreign capital inflows. The 30-share BSE index leapt 181.36 points, or 0.60 percent, to trade at a new record 30,503.48, surpassing its previous milestone of 30,366.43 (intra-day) touched on May 11.

The gauge had rallied 134 points in the previous session. The National Stock Exchange index Nifty did not disappoint either, gaining another 36.90 points, or 0.39 percent, to hit a new high of 9,482.30, while breaching its previous intra-day high of 9,450.65 hit on May 11.

All the BSE sectoral indices led by technology, power, FMCG, IT, consumer durables and healthcare were in the positive terrain, with gains of nearly 0.66 per cent. Tata Steel witnessed a bull run and added 0.82 per cent as investors widened their exposure before its quarterly earnings due later in the day and on the government's decision to impose anti-dumping duty on some steel products.

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Other major gainers that supported the key indices were Bharti Airtel (2.78 per cent), RIL (1.89 per cent), TCS(1.46 per cent), Dr Reddy's (1.30 per cent), Tata Motors (1.17 per cent) and ITC (1.05 per cent).

Sentiment remained upbeat mostly on robust foreign fund inflows and a better-than-expected earnings report card bysome blue-chip companies so far, besides overnight gains in Europe and the US markets.

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Japan's Nikkei rose 0.03 per cent while Hong Kong's Hang Seng shed 0.36 per cent in early trade today. The US Dow Jones Industrial Average ended 0.41 per cent higher on Monday. 

With PTI inputs