May 16 (Reuters) - Indian shares closed at a record high on Tuesday, with the broader NSE index 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.

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

For midday report see (Reporting by Arnab Paul in Bengaluru; Editing by Biju Dwarakanath)

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