The BSE Sensex and the NSE Nifty soared to hit new all-time high of 25,359 and 7,545 points, respectively today, on sustained fund inflows after trends suggesting that Narendra Modi’s Bharatiya Janata Party was leading in 270 out of 285 seats.
The 30-share index, which had gained over 90 points to close at record-high yesterday, zoomed to hit an all-time high of 25,014.85 by climbing 1,109.25 points, or 4.64 per cent.
All the sectoral indices, led by banking and consumer durables, were trading in the positive territory with gains up to 8 per cent.
The 50-share NSE Nifty also recorded its all-time high of 7,459.40 by rising 336.25 points, or 4.72 per cent.
Brokers said continued buying by foreign funds as well as retail investors driven by reports that the BJP was leading in 150 out of 285 seats lifted the key indices to new highs.