The BSE benchmark index, the Sensex, came within kissing distance of the life-time highs, but missed it with a whisker (two points) amid upbeat mood.
The Sensex touched a high of 21,205, mere two points shy of the life-time high of 21,207 touched in January 2008. Banking, metal and energy shares were the prime drivers of the rally today.
Earlier in the day, the BSE Sensex started the day on a negative note with a decline of 33 points at 21,000 and the NSE Nifty was down 11 points at 6,240 on the back of negative Asian cues and also negative start in the Indian Rupee.
Meanwhile, the US Fed said that the $ 85 billion stimulus program would continue for the month.
However, no timeline was mentioned with regards to the withdrawal of the scheme.
Further, the index moved between zones albiet a very narrow range.
The Sensex extended its gains in the mid-morning session as the Indian rupee recovered some of its early losses and traded sideways till the mid-noon deals.
Thereafter the BSE index soared towards the record highs, and finally ended at a fresh all-time closing high at 21,164 - up 131 points.
Click Here for the Live Commentary.
The Sensex touched a high of 21,205, mere two points shy of the life-time high of 21,207 touched in January 2008. Banking, metal and energy shares were the prime drivers of the rally today.
Earlier in the day, the BSE Sensex started the day on a negative note with a decline of 33 points at 21,000 and the NSE Nifty was down 11 points at 6,240 on the back of negative Asian cues and also negative start in the Indian Rupee.
Meanwhile, the US Fed said that the $ 85 billion stimulus program would continue for the month.
However, no timeline was mentioned with regards to the withdrawal of the scheme.
Further, the index moved between zones albiet a very narrow range.
The Sensex extended its gains in the mid-morning session as the Indian rupee recovered some of its early losses and traded sideways till the mid-noon deals.
Thereafter the BSE index soared towards the record highs, and finally ended at a fresh all-time closing high at 21,164 - up 131 points.
Click Here for the Live Commentary.
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