Nifty rises to new closing peak, Sensex recovers 76 pts

Mumbai, May 22 After a day’s breather, domestic stock markets resumed their upward move with NSE index Nifty logging a new closing peak and the BSE Sensex rebounding 76 points today to end near its record-high levels on good buying in consumer durable, realty and power shares.

Firm global cues also gave support even as sentiment was slightly weak after FIIs were net sellers to the tune of Rs 266.22 crore yesterday as per provisional data, traders said.