After a volatile trading session, the benchmark Sensex managed to end the session with 12.99 points gain at a fresh closing high of 22,715.33. The broader index Nifty also breached the 6,800-mark to hit new peak of 6,819.05, but ended the day a tad lower at 6,796.40, with a marginal gain of just 0.20 points. Rupee also gained 7 paise and ended the session at Rs 60.07 per dollar on hints that the Fed Reserve might keep interest rates low.
The Sensex surpassed all-time intra-day high of 22,740.04, set on Wednesday, and touched a fresh peak of 22,792.49 on firm performances from Asian peers. Power, capital goods, real estate, refinery and automobile stocks saw buying, while selling pressure was seen in pharmaceutical, information technology (IT), technology and FMCG stocks pulled the Sensex down at the fag end.
Meanwhile, rupee rose on back of fresh selling of dollar by exporters and banks, forex dealers said. The dollar index was also quoting down by 0.06 per cent against a basket of six major global currencies after minutes the Federal Reserve’s meeting detailed risks that could keep interest rates low. On Sensex, off the 30 stocks comprising the index, 16 shares advanced while 14 declined. Tata Power recorded a gain of 4.12 per cent, while BHEl closed 2.70 per cent higher.