BSE Sensex hits third consecutive record high

Mumbai: BSE Sensex hit record highs for the third consecutive session on Wednesday on the back of gains in blue-chip stocks. The benchmark index gains 0.51 per cent to hit a record high of 22,875.17. The broader Nifty rises 0.68 per cent to hit a life high of 6,861.60.

Blue-chip stocks continue to gain with Oil and Natural Gas Corp up 1.6 per cent, while capital goods stocks such as Larsen and Toubro climbs 1.4 per cent, adding to its 1.8 per cent gain on Tuesday. Bharat Heavy Electricals Ltd gains 2.01 per cent.

Shares in third largest software exporter Wipro Ltd continue to trade lower for the third straight session after giving weak IT services outlook.

Overseas investors bought Indian shares worth of 1.63 billion rupees ($26.8 million) on Tuesday, provisional exchange data showed, continuing their buying spree for the third straight session.