Sensex ends at new high for fourth time in a row; Nifty achieves 11,185 peak

Persistent demand for bluechips, like SBI and ICICI Bank and positive June quarter results drove Sensex and Nifty to all-time-highs for the fourth day in a row.

The 30-share Sensex surpassed the 37,000-mark for the first time in history to touch a high of 37,061.62 (intra-day) after a bout of choppy trade, breaking its previous high of 36,947.18 hit yesterday.

It shed some ground on profit-booking, before finally ending 126.41 points, or 0.34 per cent higher at new peak of 36,984.64, smashing its previous record close of 36,858.23 reached yesterday. The gauge has now gained 507 points in four days.

The NSE Nifty also hit a record intra-day high of 11,185.85, before finishing at a fresh record of 11,167.30, up 35.30 points, or 0.32 per cent. It bettered its previous closing high of 11,134.30 reached on July 24.

On a net basis, domestic institutional investors (DIIs) bought shares worth Rs 97.64 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 1,195.75 crore yesterday, provisional data showed.