After hitting record height above 9000, #Nifty closes at 8,996

After hitting record height above 9000, #Nifty closes at 8,996Mumbai: Nifty had been closes at 8,996 after hitting record height of 9,008 on Tuesday. The height of Nifty had directly give gain in Reliance Industries (RELI.NS). CLSA said the conglomerate could report a record profit for the fourth quarter.

The Nifty is up 43.35 points at 9000 while the Sensex is up 150.81 points at 29609.95.

The Sensex ended 0.46 percent higher, still 0.85 percent away from its all-time high of 29,844.16 hit on Jan. 30.

The Nifty ended 0.44 percent higher after breaching the psychologically important 9,000 level for the first time.

Reliance Industries gained 4.2 percent, marking its biggest daily gain since March 7, 2014.

The 50-share index rose as much as 0.58 pct to 9,008.40, surpassing its previous record of 8,996.60 hit on Jan. 30.

About 1625 shares have advanced, 1160 shares declined, and 210 shares are unchanged.

Bureau Report

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