MUMBAI, Jan 21 (Reuters): The BSE Sensex and Nifty edged higher, hitting
a record high for the second consecutive day and gaining for the fifth
straight session, as blue-chips rose on hopes of additional monetary
policy easing, while strong regional markets also helped.
Shares also benefitted on hopes of economic and fiscal reforms after the government said it would unveil its 2015/16 budget on February 28.
The benchmark BSE Sensex gained 0.36 per cent to 28,888.86. The index rose as much as 0.6 per cent to hit a record high of 28,958.10.
The broader Nifty rose 0.39 per cent to 8,729.50, after gaining as much as 0.53 per cent earlier in the day to hit an all-time high of 8,741.85.
Shares also benefitted on hopes of economic and fiscal reforms after the government said it would unveil its 2015/16 budget on February 28.
The benchmark BSE Sensex gained 0.36 per cent to 28,888.86. The index rose as much as 0.6 per cent to hit a record high of 28,958.10.
The broader Nifty rose 0.39 per cent to 8,729.50, after gaining as much as 0.53 per cent earlier in the day to hit an all-time high of 8,741.85.
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