Sensex crosses 30,000 points mark; Nifty touches record high

Mumbai, March 4: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Wednesday touched record high of 30,024.74 points as India's central bank, Reserve Bank of India, cut its key lending rates by 25 basis points, expecting inflation to soften further in the coming fiscal.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at a record high of 88.70 points or 0.99 percent up at 9,084.95 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,937.27 points, was trading at 29,928.57 points (at 9.18 a.m.) in the early session, up 334.84 points or 1.13 percent from the previous day's close at 29,593.73 points.

The Sensex touched a high of 30,024.74 points and a low of 29,897.93 points in the trade so far.

All the sectors were trading in green. The rally was led by banking, capital goods and auto sectors.

IANS