Sensex scales Mount 83K on blue-chip stocks rally

The NSE Nifty hit its fresh all-time intra-day high of 25,433.35, a jump of 514.9 points or 2 per cent

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Benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high in a late rally in blue-chip shares, surge in global markets and foreign fund inflows.

A sharp fag-end rally drove the 30-share BSE Sensex to the 83,000 level for the first time. The barometer surged 1,593.03 points or 1.95 per cent to hit its lifetime intra-day peak of 83,116.19 in the last hour of trade. The index closed at a record high of 82,962.71, up by 1,439.55 points or 1.77 per cent.

Tracking a rally in equities, the market capitalisation of BSE-listed firms surged Rs 6,59,895.19 crore to Rs 4,67,36,045.21 crore ($5.57 trillion).