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Sensex, Nifty hit fresh record highs

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Key benchmark indices edged higher in early trade on positive trading in Asian stocks and strong finish on overnight. At 9:19 IST, the barometer index, the Sensex, advanced 179.34 points or 0.53% at 34,333.19. The 50 rose 41.15 points or 0.39% at 10,600. The Sensex, and the Nifty, hit fresh record highs in early trade.

The Mid-Cap rose 0.69%. The Small-Cap advanced 0.81%. Both these indices outperformed the

Overseas, Asian stocks edged higher following firm US lead as investors awaited upcoming earnings releases. US stocks rose to record levels on Friday, 5 January 2018 even as shook off jobs data that missed expectations. The US added 148,000 jobs in December, according to the Labor Department, as against expectations of 190,000 jobs.

Closer home, the breadth, indicating the overall health of the market, was strong. On the BSE, 1,435 shares rose and 319 shares declined. A total of 44 shares were unchanged.

Index heavyweight and housing HDFC advanced 0.93% at Rs 1,742.

Engineering and construction equipment L&T rose 1.32% at Rs 1,331.90 after the company said its construction division has bagged three orders worth Rs 2265 crore from (APCRDA). The announcement was made during market hours today, 8 January 2018.

NBCC (India) was up 0.64% at Rs 250.60 after the company said it has received a contract from of Uttarakhand, Dehradun for Construction of Kotdwar-Ramnagar Kandi Road under Green Infrastructure/Green Road Project amounting to about Rs 2000 crore as The announcement was made on Saturday, 6 January 2018.

The 14-day long winter session of the Parliament concluded on Friday, 5 January 2018. The said that 16 bills were introduced in the Lok Sabha by the government in the session, of which 12 bills including the triple talaq bill was passed. Important bills passed during the session also included the and Acquisition of and the Goods and

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 09:20 IST