Sensex, Nifty hit new peaks; Infosys best gainer at 3.4%

Bullish trend continues at the Dalal Street as Sensex rose for the ninth straight session on Wednesday and the BSE index gained 120 points to close at fresh peak of 27,139.94. The wide-based NSE Nifty index rose by 31.55 points to close at record 8,114.60 points. The index touched intra-trade record high of 8,141.90 points, surpassing previous record of 8,101.95 hit on Tuesday.

The 30-share Sensex opened on a strong footing and rose quickly to historic high of 27,225.85 points as buying momentum picked up. But gains were capped by profit-booking at record levels and the barometer settled at 27,139.94 -- fresh record closing level -- with net gains of 120.55 points or 0.45 per cent over last close. The Sensex bettered its previous closing peak of 27,019.39 hit yesterday.

The gauge has now gathered over 825 points in nine straight sessions.

• T, realty, teck metal and capital goods stocks were in keen demand while some counters from FMCG, banking and power segments suffered losses.
• T stocks, led by TCS, were in the limelight on fresh spell of buying after bullish US manufacturing and construction data. TCS, Infosys and Wipro rose between 2.45 per cent and 3.4 per cent.