Positive global cues along with a strengthened rupee lifted the NSE Nifty to its new record high of over 9,300 points and the BSE Sensex to its highest closing level in almost three weeks.The wider 51-scrip Nifty of the National Stock Exchange (NSE) touched a new record high of 9,309.20 points during the intra-day trade. It closed at 9,306.60 points, up 88.65 points or 0.96 per cent.The barometer 30-scrip Sensitive Index (Sensex) of the Bombay Stock Exchange closed higher by 287.40 points or 0.97 per cent. It opened at 29,825.14 points, closed at 29,943.24 points -- up from its previous close at 29,655.84 points.The Sensex touched a high of 29,961.82 points and a low of 29,780.84 points during the intra-day trade.
"Markets rallied sharply on Tuesday with the Nifty closing at new life highs. It was the second consecutive session of hefty gains for the Nifty," Deepak Jasani, Head - Retail Research, HDFC Securities, told IANS.According to Jasani, Indian equity markets rallied in tandem with global indices after centrist candidate Emmanuel Macron won the first round of the French presidential election on Sunday, April 23."Gains were led by index heavyweights ITC, HDFC and Reliance Industries (RIL). Positive earnings from banks also helped," Jasani added.In terms of global equity markets, major Asian indices ended on a positive note. European indices like FTSE 100 and CAC 40 traded higher.Sector-wise, top gainers were FMCG, realty, auto and PSU bank indices.