The Nifty jumped 18,000 to a new high of 60,476

At the close of trading, the Nifty rose 51 points to 17,946 and the Sensex rose 77 points to 60,136

AHMEDABAD: The NSE's Nifty index jumped to 18,000 on the back of fresh gains from Chomer today amid other favorable reports, including the Reserve Bank's continued efforts to boost the economy despite the adverse factor of inflation. On the other hand, the BSE index also rose intra-day and touched a new all-time high of 60476.

Other positive reports, including the Reserve Bank of India (RBI) maintaining liquidity during last week's lending policy review, sent the stock market into a tailspin today. However, today's trading started low.

With crude prices hitting a seven-year high in global markets, new fundraisers from Chomer jumped to 18,000 for the first time in Nifty history and touched a new all-time high of 18041, following pressure from early sell-offs in the precautionary phase today. The Sensex, on the other hand, rose intra-day to an all-time high of 60,416.

However, in the final stages of trading, the bullishness was washed away by the sell-off and the market remained in the positive zone. At the close of trading, the Sensex had gained 76.72 points to close at 60135.38. The Nifty rose 50.75 points to close at 17945.95.