Sensex, Nifty keep run going; all eyes on RBI's policy decision on Friday

Equity indices defied gravity for the fourth straight session to close at lifetime highs on Thursday, as FMCG and banking counters saw robust demand amid encouraging quarterly earnings.

Participants shrugged off weak Asian cues and kept accumulating stocks ahead of the RBI’s policy decision on Friday, said traders. After touching an all-time high of 50,687.51 during the day, the Sensex ended 358.54 points or 0.71 per cent at its new closing record of 50,614.29.

Similarly, the broader Nifty finished 105.70 points or 0.71 per cent higher at its closing peak of 14,895.65. It touched an all-time high of 14,913.70 during the session.