READ MORE Image Source : PTI Sensex scales new high of 37,690.23 Breaking all previous records, the BSE Sensex on Wednesday advanced by over 80 points to hit a new peak of 37,690.23, while the Nifty scaled a fresh high of 11,378.95 in opening trade ahead of the Reserve Bank’s bi-monthly policy meet outcome due later in the day. The 30-share index surged 83.65 points, or 0.22 per cent, to an all-time high of 37,690.23. The RBI is said to be under pressure to increase the key interest rates as it tackles rising oil prices and inflation. The 6-member Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will be making a decision on whether to hike the lending rates or maintain a status quo on Wednesday. The gauge had gained 1,110.21 points in the previous seven record-setting sessions and closed at an all-time high of 37,606.58 points in the previous session. The broader NSE Nifty too hit a new high by rising 22.45 points, or 0.19 per cent, to 11,378.95. All sectoral ...
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