The BSE Sensex and Nifty hit a record high on Tuesday. This is a result of continuous strong buying by foreign investors boosted blue chips, while Maruti Suzuki surged after agreeing to seek minority approval for a plan by promoter Suzuki Motor Corp to set up a plant in India.
The broader Nifty gained as much as 1.1 per cent to a record high of 6,574.95 points, surpassing its previous record high of 6,562.85 points hit on March 11.
Meanwhile, the benchmark BSE Sensex rose as much as 1.1 per cent to an all-time high of 22,040.72 points, surpassing its previous record of 22,023.98 hit on March 10.
Maruti Suzuki Ltd gained as much as 9.8 percent, after it planned to seek minority shareholder approval for a plan to outsource production at a new factory to its largest shareholder, Suzuki Motor Corp (7269.T), after its leading investors opposed the move.
