Sensex hits lifetime peak on continuing exuberance

Almost a month after it crossed the 22,000-mark, the benchmark Sensex at the BSE is now within touching distance of 23,000. On Wednesday, it closed at a fresh all-time high of 22,876 on continuing inflows from foreign institutional investors (FIIs), rising retail participation and on expectations of a strong mandate when election results are announced on May 16.

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