Nifty50 touches record high as revival hopes spur 5-day winning run

Index closes at 15,338, surpassing previous record of 15,315

The benchmark Nifty50 index on Thursday logged a new lifetime high after gaining for the fifth day, surpassing the previous record made on February 15. Markets have gained 5 per cent this month on expectations that economic activity will accelerate as pandemic-led restrictions are eased and vaccinations rise.

The Nifty added 36 points, or 0.24 per cent, to close at 15,338. The index had logged its lifetime high on a closing basis of 15,315 on February 15, just before the onset of the lethal second wave of Covid-19. The Sensex closed at 51,115 on Thursday, a gain of 97 points or