NEW DELHI, Nov. 1 (Xinhua) -- India's stocks index Sensex Friday hit an all time high of 21,293, smashing its previous record of 21,206 set in 2008.
The Sensex surged to the new high soon after the stock market in Mumbai opened for trading, bringing cheers to investors just two days before Diwali, the Hindu festival of lights.
Experts say that the Sensex was actually driven by sustained inflows by foreign investors, including overseas investors.
This is the biggest gain since 2008 when the Sensex peaked at 21,206, before the economic downturn swept across stocks markets worldwide.