May 16, 2017 / 7:09 AM / 5 months ago

Sensex, Nifty hit record closing high

(Reuters) - Indian shares closed at a record high on Tuesday, with the NSE Nifty crossing 9,500 points intraday for the first time ever, as expectations of good monsoon rains eased inflation fears and bolstered the economic growth outlook.

A broker trades on his computer terminal at a stock brokerage firm in Mumbai, India, January 20, 2016. REUTERS/Shailesh Andrade/FIles

The benchmark BSE Sensex closed 0.86 percent higher at 30,582.60, while the broader NSE Nifty ended up 0.71 percent at 9,512.25 - marking a record closing high for both indexes for a second straight session.

Reporting by Arnab Paul in Bengaluru; Editing by Biju Dwarakanath

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