Equity indices close at new highs

Image
IANS Mumbai
Last Updated : Jan 05 2018 | 4:05 PM IST

Key Indian equity indices on Friday closed at record high levels, surging on the back of positive global cues and healthy buying in consumer durables, banking and auto stocks.

The wider Nifty50 of the National Stock Exchange (NSE) rose by 54.05 points or 0.51 per cent to provisionally close (at 3.30 p.m.) at a new high of 10,558.85 points, after it touched a fresh intra-day high level of 10,566.10 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE too scaled a new intra-day high of 34,188.85 points.

The Sensex closed at a fresh high of 34,153.85 points -- up 184.21 points or 0.54 per cent -- from its previous session's close.

The BSE market breadth was bullish as 1,720 stocks advanced as compared to 1,218 declines.

On Thursday, the benchmark indices closed in the green as positive global cues, along with inflow of foreign funds lifted investors' risk-taking appetite.

The NSE Nifty50 rose by 61.60 points or 0.59 per cent to close at 10,504.80 points, while the BSE Sensex closed at 33,969.64 points -- up 176.26 points or 0.52 per cent.

--IANS

ppg/mr

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 05 2018 | 4:02 PM IST

Next Story