Sensex clocks record closing high, Nifty ends above 12,000 after 5 months

The Sensex on Thursday logged fresh all-time highs for the second consecutive session, while the Nifty ended above 12,000 for the first time since June 4. Market players said that better-than-expected earnings and strong overseas flows buoyed investor sentiment, even though several economic parameters have shown deterioration.
 
The Sensex gained 0.5 per cent, or 184 points, to end at 40,654, while the Nifty added 50 points, or 0.42 per cent, to close at 12,016 — 73 points below its last all-time high.
 
“Most of the Nifty firms’ results exceeded or matched expectations, which also increased optimism in the