On Monday the benchmark index ended flat-- marginally down by 5.45 points or 0.02 percent - after touching a record high of 27,969.82 points in the early morning trade session.
November 5th saw the Sensex touching a high of 28,010 points in the intra-trade session, surpassing the previous high of 27,969.82 points hit on Monday.
The index closed the day's trade up 55 points or 0.20 percent at 27,915.88 points after coming down from the psychological barrier of 28,000-mark.
The Indian markets were closed Tuesday on account of Muharram and will be shut again on Nov 6 (Thursday) on Guru Nanak Jayanti (birth anniversary).
According to market analysts further reforms by the government will lead the bursar into a bullish spell over the medium term.
“Markets consolidated post the recent rally in the markets, which has come about on the back of renewed optimism on fiscal reforms, sharp correction in crude prices, improved growth in US, liquidity easing by Japan and diminished possibilities of an immediate increase in US interest rates," said Dipen Shah, head - private client group research, Kotak Securities.
"In the near term, focus will consistently remain on further reform initiatives. Winter session of the parliament will be closely watched for GST, land reforms."
