Sensex, Nifty hit record closing highs on bank recap optimism

Sensex, Nifty hit record closing highs on bank recap optimism

Indian shares marked record closing highs for a second consecutive session on Thursday after a finance ministry official said the government`s $32 billion plan to infuse capital into its banks is unlikely to be reflected in the country`s fiscal deficit.

Analyst have said New Delhi`s capital injection plan announced earlier this week can be kept off the government`s budget by steering funds through state-owned agencies.

The benchmark BSE Sensex closed up 0.32 percent at 33,147.13.

Add Zee Business as a Preferred Source

The broader NSE Nifty ended 0.47 percent higher at 10,343.80.For midday report click

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)