Ace Indian shooter Gagan Narang shrugged off his Beijing Olympics disappointment and set a new world record en route to winning the gold in the 10m air rifle event in the World Cup finals in Bangkok on Wednesday.

Narang scored a total of 703.5 - a perfect 600 in the qualifying and 103.5 in the finals - to break Austria's Farnik Thomas' record set in 2006 World Cup final in Granada, Spain.

This victory came as a breath of fresh air for Narang who missed the final round at the Beijing Games by a whisker after losing out on a count-back. Moreover, the tournament had a strong field comprising of Beijing Games medallists Chinese Zhu Qinan and Henn Hakkinen of Finland.

Matthew Emmons of the US, with a score of 702.5 (598+104.5) bagged the silver, while the bronze went to Beijing Olympics silver medallist Zhu who shot 702.3 (599+103.3).