Sensex crossed the 32,500 level for the first time today.
Indian stocks markets continued their record run today, with Sensex advancing nearly 250 points to 32,633 and Nifty rising to 10,101 at day's high. The latest political development in Bihar and a global rally boosted domestic sentiments. Nitish Kumar took oath as Bihar Chief Minister for the sixth time today, ending his two-year-old alliance with Lalu Yadav and the Congress. He is back with the BJP, whose Sushil Modi was also sworn in; he gets his old post of Deputy Chief Minister back. The rupee also rose to 64.07 against the US dollar. Yes Bank extended gains after posting better-than-expected earnings. Yes Bank rose 4.6 per cent today after surging nearly 6 per cent on Wednesday. HCL Tech, which announced better-than-expected earnings earlier in the day, also gained over 3 per cent.