Sensex scales 72k peak for first time; Nifty hits all-time high

The 50-share index surged to a record high of 21,654.75

Sensex and Nifty soared to fresh closing record highs on Wednesday, with the 30-share benchmark index crossing the historic 72,000 mark, boosted by optimism over the country's macroeconomic fundamentals and firm global market trends.

Reflecting broader investor bullishness, the 50-share index surged to a record high of 21,654.75 on intense buying in metal, commodity, auto and banking sectors.

Rising for the fourth straight session, the BSE gauge jumped 701.63 points or 0.98% to settle at its all-time closing high of 72,038.43. During the day, it zoomed 783.05 points or 1.09% to reach its intra-day lifetime high of 72,119.85.

The Nifty climbed 213.40 points or 1% to settle at a record high of 21,654.75. During the day, it rallied 234.4 points or 1.09% to reach its all-time intra-day peak of 21,675.75.

Among the Sensex firms, UltraTech Cement, JSW Steel, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Infosys and Bajaj Finserv were the major gainers.

On the other hand, NTPC and Tech Mahindra were the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled with gains.