Sensex, Nifty scale fresh closing highs: Top reasons behind the surge

Equity indices scaled to record highs on Thursday with the benchmark BSE sensex rising over 950 points led by gains in realty and banking stocks. After scaling a fresh intra-day high of 59,957, the 30-share BSE index finished 958 points or 1.63 per cent higher at new record of 59,885. While, the broader NSE Nifty settled 276 points or 1.57 per cent higher at fresh peak of 17,823.