Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close (EoD) on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points to hit a record intra-day peak of 85,247.42. The broader Nifty climbed 63.75 points to close above the 26,000 level for the first time. The 50-issue index closed at a record high of 26,004.15 after scaling a new intra-day peak of 26,032.80. Gold prices surge Gold prices surged Rs 900 to hit a fresh record high of Rs 77,850 on Wednesday.

Sensex and Nifty close at new peaks

985,1134,532,122,1613,2062

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.