Sensex on Wednesday jumped over 117 points to settle at new closing peak of 26,560.15 while Nifty gained 31 points to closing high of 7,936.05 on hopes of a fresh Eurozone stimulus.
The Sensex, which rose for the fifth straight day, has closed at a new peak in each of last three sessions. Brokers said trading activity also picked up pace ahead of the expiry of monthly equity derivatives on Thursday.
Defence stocks were in the limelight and rose by up to 20 per cent on Wednesday after Government notified increase in FDI limit to 49 per cent through approval route in the sector.
The Sensex resumed on strong footing and traded in a range between 26,599.12 and 26,492.50 before registering its fresh closing high of 26,560.15, a net rise of 117.34 points or 0.44 per cent.