Mumbai: Making record a habit of sorts, the Nifty on Wednesday closed above 10,000 in a first and the Sensex set a fresh life high, powered by unabated capital inflows amid quarterly earnings optimism. More From Livemint »FII inflows ensured there is enough liquidity to support the stocks despite lingering concerns over stretched valuations. Vedanta rallied 2.33% at a three year high after the company’s consolidated profit after tax doubled for the June quarter. The 30-share Sensex rallied to an all-time high of 32,413.63 too, before ending up 154.19 points, or 0.48%, at a new record 32,382.46. Shares of Axis Bank, however, fell by 2.90% after a drop in net profit.

Source: Mint July 26, 2017 04:23 UTC