Hopes are building up ahead of the Union Budget supported by strong buying by foreign institutional investors (FIIs) on the back of favourable policy environment sending markets to fresh highs.
The broader 50-share index jumped by 31.90 points, or 0.37 per cent, to end at a fresh closing high of 8,761.40 after climbing a historic peak of 8,774.15. It touched a low of 8,727.00 in intra-day trade.
Elsewhere, most Asian and emerging markets ended higher largely bolstered by optimisim over European Central Bank's aggressive quantitative easing plans at today's much awaited policy meet.
Sectorally, healthcare indices witnessed a smart 1.67 per cent surge led by key frontline heavyweights alongwith Auto, Metal, Financials, Realty, Infra and Technology, while, FMCG remained under selling pressure for the second day and also Energy.
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Major index movers included Tata Motors, Axis Bank, Sun Pharma, ONGC, ZEE, ICICI Bank, Asian Paint, Ultracemco, IDFC, L&T, Cipla, Lupin, Wipro, Tata Steel, Power Grid Corp, Coal India, Dr Redddys, DLF, HDFC Bank, M&M, HUL, Sesa Sterlite, Ambuja Cement and Grasim.
Turnover in the cash segment fell to Rs 19,254.47 crore compared to Rs 20,412.84 crore yesterday. A total of 10,100.99 lakh shares changed hands in 80,35,528 trades and the market capitalisation at NSE stood at Rs 100,63,957 crore.