Mumbai: Markets were on cloud nine on Wednesday as forecast of a normal monsoon triggered massive buying, lifting benchmarks Sensex and Nifty to their all-time closing highs. The Sensex soared 314 points to end at 30,248, while the broader NSE Nifty finished above the 9,400-mark for the first time. After a strong opening, the 30-share BSE Sensex continued its upward journey to hit a fresh intra-day high of 30,271.60 before ending at 30,248.17, up 314.92 points, or 1.05 per cent. On similar lines, the NSE Nifty, after hitting an all- time high of 9,414.75, settled higher by 90.45 points, or 0.97% at 9,407.30. This surpassed its previous record close of 9,359.90 on May 4, as well as the intra-day high of 9,377.10 hit on May 5.

Source: Mint May 10, 2017 04:15 UTC