MUMBAI (Reuters) - The BSE Sensex rose on Wednesday to mark a record close as telecom firms such as Bharti Airtel surged on better-than-expected operating performance, while continued strong foreign flows also boosted sentiment.
Bharti Airtel Ltd
Foreign investors continued to buy local shares, remaining net buyers for a 18th consecutive session on Tuesday. Exchange data showed a net purchase of 11.03 billion rupees on Tuesday, bringing the total to nearly 150 billion rupees during the period.
The Sensex rose 0.5 percent to end at 21,033.97, a record closing high and not far from an all-time high of 21,206.77 hit on January 10, 2008.
The broader Nifty ended up 0.5 percent, marking its second consecutive day of gains.
(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)