Sensex, Nifty hit fresh record at closing ahead of RBI’s policy meet

Benchmark indices Sensex and Nifty hit fresh record highs at Thursday's closing. Sensex ended the trading session over 382 points higher at 52,232, while Nifty hit a record high of 15,690.

Indian shares closed at a record high on Thursday after two straight sessions of muted trading, as heavyweight financial and consumer discretionary stocks gained, while investors awaited the central bank's policy meeting outcome due Friday. The blue-chip NSE Nifty 50 index closed 0.73% higher at 15,690.35, while the benchmark S&P BSE Sensex rose 0.74% to 52,232.43. Both the indexes have gained more than 7% in about 30 days to June 3, as a steady decline in daily COVID-19 cases has lifted investor sentiment. The country has continued to see a decline in daily COVID-19 cases, with data from the health ministry on Thursday showing 134,154 fresh infections in the last 24 hours, keeping below the 200,000 mark for a week.