The benchmark BSE Sensex climbed for the fifth straight session on Thursday to breach the 37,000-mark, on expectation that earnings growth of Indian companies will accelerate.
The Sensex and the NSE’s Nifty 50 indexes ended the day at record closing highs, although the currently rally has been driven by a handful of stocks.
In intraday trading, the Sensex rose 203.39 points, or 0.55%, to a record of 37,061.62, while the Nifty 50 advanced as much as 0.48% to an all-time high of 11,185.85 points.
