Closing Bell: Nifty Hits Record High at 12,283, Sensex at 41,626

Image used for representational purposes.

(Photo Courtesy: Reuters)

After registering a steady climb on Thursday, 2 January, Indian equity benchmarks closed on a high with the S&P BSE Sensex rising 0.78 percent to 41,626.64 and the NSE Nifty 50 rising 0.85 percent to hit a record high of 12,282.95.

The broader markets represented by the NSE Nifty 500 Index rose 0.92 percent, while the INR depreciated 11 paise against the US dollar to 71.33, PTI reported.

Earlier, markets had opened higher, extending gains for the second consecutive trading session on Thursday, BloombergQuint reported.

The S&P BSE Sensex had risen 0.25 percent to 41,407 and the NSE Nifty 50 had risen 0.27 percent to 12,215. The broader markets represented by the NSE Nifty 500 Index had risen 0.25 percent.

Meanwhile, the Indian rupee had opened marginally lower at 71.25 against the US dollar on Thursday, versus previous close of 71.22.

(With inputs from BloombergQuint and PTI)