The markets continued their dream run on the back of capital inflows with the Sensex on Thursday gaining for the sixth day as it rose 78 points to end at new closing peak of 26,638.11, wrapping up the seventh straight month of gains in August.
The NSE Nifty index rose by 18 points to a fresh closing high of 7,954.35 as stocks inched northwards on hectic activity on expiry day of monthly derivative contracts, despite weak global cues in form of rising tension in Ukraine.Brokers said investors continued to focus on the series of steps taken by the Modi government to boost the economy and attract FDI. Buying was mainly seen in capital goods, refinery and FMCG stocks while realty, metal and IT shares fell.
The BSE 30-share index resumed higher and moved in a narrow range throughout the day in positive terrain before settling up 77.96 points