Markets race ahead for 6th day in a row

Mumbai: Market benchmark BSE Sensex rose by 157 points to close at a fresh life-time high of 37,494.40, continuing its record-breaking run for the sixth session driven by gains in index majors like Reliance and Bharti Airtel.

The broader NSE Nifty advanced 41.20 points or 0.37 per cent to end at a historic high of 11,319.55, bettering its previous record close of 11,278.35 hit on Friday after better-than-expected earnings by corporates. 

The 30-share index also scaled an all-time trading high of 37,533.50 before settling at 37,494.40, up 157.55 points, or 0.42 per cent. The Sensex had hit previous closing record of 37,336.85 on Friday.

The gauge had gained 840.48 points in the previous five record-setting sessions. The 50-issue NSE Nifty too hit an all-time high of 11,328.10 during the day. Trading sentiment remained bullish on domestic markets backed by sustained capital inflows by foreign funds.