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Sensex, Nifty hit record closing high

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Reuters
Last Updated : May 16 2017 | 4:23 PM IST

(Reuters) - Indian shares closed at a record high on Tuesday, with the NSE Nifty crossing 9,500 points intraday for the first time ever, as expectations of good monsoon rains eased inflation fears and bolstered the economic growth outlook.

The benchmark BSE Sensex closed 0.86 percent higher at 30,582.60, while the broader NSE Nifty ended up 0.71 percent at 9,512.25 - marking a record closing high for both indexes for a second straight session.

(Reporting by Arnab Paul in Bengaluru; Editing by Biju Dwarakanath)

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First Published: May 16 2017 | 4:07 PM IST

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