Sensex, Nifty hit new record high on fund inflows. Photograph:( PTI )
Benchmark Sensex rebounded by over 176 points to finish at 33,970 on Thursday while the broader Nifty reclaimed the 10,500-mark as investors piled into recently- battered metal, capital goods, and consumer durables stocks.
The BSE benchmark Sensex opened higher at 33,912.49 and hovered in a range of 33,995.40 to 33,802.13 before finishing at 33,969.64, showing a gain of 176.26 points or 0.52 per cent.
The gauge had lost 263.45 points in the previous three sessions.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Investor sentiment was bolstered after a monthly survey showed the Indian services sector returned to marginal growth in December as new orders broadly stabilised.