Sensex, Nifty end at record highs as investors bet on economic recovery

Sensex tops February peak to settle at 52,232; Nifty closes at 15,690

The Sensex on Thursday hit an all-time closing high amid optimism surrounding the accelerated vaccination efforts and continuing decline in Covid-19 cases in the country. The benchmark index rose 383 points, or 0.7 per cent, to end the session at 52,232, surpassing its previous closing high of 52,154 on February 15.

The feat comes exactly a week after the Nifty50 index topped its February high. The index rose 114 points, or 0.7 per cent, to close at a new record high of 15,690.

India on Thursday reported 134, 154 new Covid cases, with the positivity rate staying below 10 per cent for