Nifty marks record closing high on Euro zone stimulus talk

Nifty provisionally gained 0.49 percent, to close near its record high of 7,968.25

Update: 2014-08-27 16:17 GMT

Mumbai: The Nifty rose on Wednesday to a record closing high as expectations of further monetary stimulus in the Euro zone raised hopes of continued foreign inflows, lifting blue-chips such as ICICI Bank Ltd.

Tata Motors  provisionally ended 2.2 percent higher while ICICI Bank rose 2.5 percent. The broader Nifty provisionally gained 0.49 percent, to close near its record high of 7,968.25 hit on Monday.

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