Markets on record rally; Sensex and Nifty settle at new all-time high levels

Stock market benchmark indices Sensex and Nifty rallied for the third straight session and ended at their fresh all-time high levels on Wednesday in tandem with Asian peers and buying in Reliance Industries.

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The 30-share BSE Sensex climbed 620.73 points or 0.80 per cent to settle at a new closing peak of 78,674.25. During the day, it rallied 705.88 points or 0.90 per cent to hit a fresh all-time high of 78,759.40.

The Nifty went up by 147.50 points or 0.62 per cent to settle at a record closing peak of 23,868.80. Intra-day, it surged 168.6 points or 0.71 per cent to hit the fresh lifetime high of 23,889.90. In the past three days of rally, investors' wealth have risen by Rs 2.53 lakh crore.