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Nifty ends at fresh life-time high

Press Trust of India  |  Mumbai 

benchmark rose 30 points to end at a new high of 10,681.25 today, backed by buying in media, metal, service and sectors amid positive global leads. Expectations of healthy domestic earnings aided sentiments. Overseas, European stocks edged higher amid good earnings. Most Asian stocks closed higher after strong lead from US stocks closed at record highs yesterday as investors bet economic growth would pick up steam. The opened higher at 10,682.55 and moved in a range of 10,690.40 and 10,597.10 before ending at 10,681.25, up 30.05 points, or 0.28 per cent. It saw an intra-day movement of about 93.30 points. On the sectoral front, rose 1.71 per cent, Private 0.52 per cent, Service 0.43 per cent, 0.34 per cent and Auto 0.31 per cent. Realty fell by 1.46 per cent, FMCG 0.41 per cent, Pharma 0.32 per cent and Infra 0.09 per cent. Major index gainers were Bank, Bharti InfraTel, Zee, Vedanta, and Losers included UPL, Aurobindo Pharma, Lupin, Bharti Airtel, Bosch, and ITC. The market breadth, indicating its overall health, was in favour of losers.

On the NSE, 761 stocks advanced, 1,047 declined while 49 remained unchanged. Total securities that hit their price bands were 212. Turnover in the cash segment rose to Rs 38,117.13 crore from Rs 35,305.76 crore as on Thursday. A total of 24,230.62 lakh shares changed hands in 12,588,175 trades. The market capitalisation of listed firms on the stood at Rs 1,53,21,627.92 crore.

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

First Published: Fri, January 12 2018. 19:25 IST
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