Sensex, Nifty hit record closing highs on bank recap optimism

Reuters 

- Indian marked record closing highs for a second consecutive session on Thursday after a ministry official said the government's $32 billion plan to infuse capital into its banks is unlikely to be reflected in the country's fiscal deficit.

Analyst have said New Delhi's capital injection plan announced earlier this week can be kept off the government's budget by steering funds through state-owned agencies.

The benchmark BSE closed up 0.32 percent at 33,147.13.

The broader NSE ended 0.47 percent higher at 10,343.80.

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(Reporting by Tanvi Mehta in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 26 2017. 15:56 IST