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Sensex, Nifty resume record-setting streak on foreign flows, oil

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Reuters MUMBAI
Last Updated : Sep 08 2014 | 3:56 PM IST

MUMBAI (Reuters) - The Sensex and Nifty rose more than 1 percent on Monday, resuming their record-setting streak after two days of consolidations, as strong foreign buying and weak oil prices stoked buying in blue-chips such as HDFC Bank .

The Nifty gained as much as 1.15 percent to a new high of 8,180.20, while the benchmark Sensex rose 1.2 percent to an all-time high of 27,354.99, surpassing their previous records hit on Wednesday.

HDFC Bank provisionally rose 1.9 percent, while Reliance Industries ended higher 1 percent.

The Sensex closed 1.2 percent higher, while the Nifty gained 1.08 percent.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

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First Published: Sep 08 2014 | 3:46 PM IST

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