New Delhi: Both the key Indian stock indices clocked record closing high on Wednesday helped by a rally in auto and realty counters, while investors awaited a central bank policy meet due on Thursday.
The monetary policy committee of the Reserve Bank of India (RBI) is likely to leave the repo rate at 6.25 percent, where it has been since October.
The Nifty ended 27.03 points or 0.30 percent higher at 9,265.15. Earlier in the day the index hit 9273.9, its highest ever. The benchmark Sensex also closed up 64.02 points or 0.21 percent at 29,974.24 after breaching the 30,000-mark earlier in the session for the first time since March 4, 2015.
The gauge had rallied by 289.72 points in previous sessions on Monday. Markets remained closed yesterday on account of "Ram Navami".
Equity brokers said sentiments remained bullish largely on the back of sustained foreign fund inflows coupled with persistent buying by retail investors following the release of the Nikkei India Manufacturing PMI on Friday, which increased to a five-month high of 52.5 in March from 50.7 in February.
With Agency Inputs
