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Sensex extends rally, zooms 167 pts

Press Trust of India  |  Mumbai 

Market benchmark soared over 167 points today to end at 28,468.75 on widespread buying, while the broader recaptured the 8,800-mark.

The 30-share Sensex, which opened higher with a gap at 28,670.43, touched a high of 28,726.26 after participants widened their bets on foreign fund inflows amid persistent buying by domestic institutional investors.

However, the benchmark slipped to a low of 28,410.91 on profit-booking, before finally settling 167.48 points, or 0.59 per cent higher at 28,468.75.

The 50-share Nifty, after moving between 8,896.45 and 8,804.25, settled 43.70 points, or 0.50 per cent higher, at 8,821.70.

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

First Published: Fri, February 17 2017. 16:07 IST