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Corrected - Sensex hits record high on foreign fund buying

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Reuters MUMBAI
Last Updated : Aug 28 2014 | 4:15 PM IST

MUMBAI (Reuters) - (In paragraph 2, corrects month to June 2006 from October 2006)

The BSE Sensex rose to a record high on Thursday as continued buying by foreign investors lifted blue chips such as Oil and Natural Gas Corp, allowing the benchmark index to post a seventh consecutive monthly gain.

The Sensex provisionally rose 0.3 percent on Thursday and 3 percent for the month. The gaining streak is the longest since the index rose for eight consecutive months from June 2006 to January 2007.

The Nifty rose 0.23 percent on Thursday and 3 percent for the month, marking its fourth consecutive monthly gain.

ONGC shares provisionally rose 1.8 percent.

(Reporting by Indulal PM; Editing by Anupama Dwivedi)

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First Published: Aug 28 2014 | 4:06 PM IST

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