FPI boost, Infosys, RIL take benchmarks to new highs; Sensex up 205 points

Strong inflows from foreign portfolio investors (FPI), gains in index heavyweights — Infosys and Reliance Industries (RIL) — and easing recession concerns in the developed world helped domestic equities log new highs on Tuesday.

The Sensex closed at 66,795 points, with a gain of 205 points, or 0.3 per cent while the Nifty50 ended the session at 19,749 points, gaining 38 points or 0.2 per cent. This was the 11th trading session when the Nifty50 finished at a new high since surpassing last year’s record closing in June.