Mumbai: Setting new records for the second day, the benchmark Sensex on Tuesday closed at 32,575 and the Nifty at 10,115 as investors wait for the outcome of the RBI policy meet on Wednesday amid corporate earnings momentum. Improving monthly sales numbers from automakers and a firming trend in global markets fuelled the rally.

The Sensex settled at yet another new high of 32,575.17 by surging 60.23 points, or 0.19%. It surpassed its previous record of 32,514.94 reached on Monday. The gauge had risen 205.06 points in the previous session.

The benchmark Nifty on Monday climbed to a fresh high of 10,043 and the Sensex surged over 133 points in the opening session, underpinned by a strong dose of better-than-expected corporate earnings.

The rally came on buying in capital goods, metal, oil and gas, consumer durables and banking stocks.

The benchmark BSE Sensex soared to a fresh life-time high of 32,533.34 and the NSE Nifty hit a new high of 10,068.40 in opening trade today on continued buying by investors driven by encouraging earnings by corporate amid positive global cues.

Short-covering of bets, today being the last session of July expiry in the derivatives segment, kept the sentiment upbeat.

Benchmark indices ended the day higher with Nifty50 settling above the 10,000-mark for the first time. Sensex, too, ended at fresh closing high for the day led mainly by gains in metal, pharma stocks.

Expectations of a better earnings season with improving economic indicators have increased investor confidence, extending a record-setting rally this year, although high valuations are seen capping gains in the near term.

Creating history, the NSE Nifty on Tuesday breached the 10,000 level for the first time while the BSE Sensex hit another record high of 32,374.30 in opening trade led by rally in metal, banking, realty and FMCG stocks.

The 50-issue Nifty breached the historic 10,000 level by gaining 44.90 points, or 0.45 percent, to trade at all-time high of 10,011.30, surpassing its previous intra-day high of 9,982.05 touched on Monday. Brokers said sentiment was upbeat on sustained capital inflows and widespread buying by retail investors, driven by strong earnings by some more bluechip companies.

The BSE Sensex hit record high of 32,135.91 points and Nifty touched life-time high of 9,939.30 in opening trade on buying in oil and gas on Monday, IT and banking stocks after better-than-expected financial results.

Gains in Reliance Industries, FMCG major ITC, Infosys, ICICI Bank and SBI helped the indices scale new peaks in early trade.

The benchmark Sensex rallied over 131 points above the 32,000-mark on Friday as Reliance Industries reported its highest quarterly earnings.

The numbers came in after market hours on Thursday.

Besides, better-than-estimated results by Wipro gave investors more confidence.

The BSE Sensex recovered over 174 points in opening trade on fresh buying by investors after Hindustan Lever reported better-than-expected earnings on Wednesday.

The 30-share index, which had retreated from record by plunging 363.79 points in the previous session, rebounded 174.18 points or 0.54 percent to 31,885.17 with stocks of FMCG, healthcare, bank, IT, PSU and oil& gas rising by up to 1.13 percent.

A plethora of events, such as hopes of a rate cut by the Reserve Bank of India (RBI), fresh inflows of foreign funds and the onset of the quarterly earnings season, pushed the Indian equity markets to a record high during the week ended Friday.

On July 13, the 30-scrip Sensitive Index (Sensex) of the BSE breached the 32,000 points-mark for the first time and registered a record high of 32,037.38 points on a closing basis. The wider Nifty of the National Stock Exchange (NSE) closed at a new high of 9,891.70 points.

The benchmark indices zoomed to capture 32,000-level, gaining 660.12 points to finish the week at 32,020.75, while the broader Nifty marked the psychological 9,900-level for brief period before settling the week at 9,886.35, garnering 220.55 points.

This is the biggest weekly gain for the indices since mid-March.

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