Sensex logs new closing peak of 26,560.15

The NSE Nifty also shot up by 31.30 points, or 0.40 percent, to 7,936.05.

Zee Media Bureau

Rising for the fifth consecutive session, the benchmark BSE Sensex on Wednesday moved up further by 117 points on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.

The 30-share index, which had gained over 128 points in the previous four sessions, gathered another 117.34 points, or 0.44 percent, to 26,560.15 after moving in range of 26,492.50 - 26,599.12.

The NSE Nifty also shot up by 31.30 points, or 0.40 percent, to 7,936.05.

Brokers said besides sustained foreign capital inflows and increased buying by retail investors, covering up of short positions by speculators ahead of tomorrow's monthly expiry in the derivatives segment bolstered trading sentiment.

Besides, a firming trend on other Asian markets following another record close on Wall Street fuelled by positive data on the US economy triggered buying activity, they said.

The US Dow Jones Industrial Average closed 0.17 percent higher in yesterday's trade.

With agency inputs

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