Sensex, Nifty end at almost 11-week high on fresh buying

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Press Trust of India Mumbai
Last Updated : Jan 24 2017 | 7:08 PM IST
Both the indices, Sensex and Nifty ended at almost 11-week high at 27,375.58 and 8,475.80 respectively on fresh buying ahead of the Union Budget next week couped with higher global advices.
Shares of Metal, Auto, Power, Utilities, Energy and Oil &Gas sectors firmed up on good buying enquiries while IT and Teck dclined on selling pressure.
The S&P BSE benchmark sensex resumed hiher at 27,170.88 and hovered in a range of 27,393.35 and 27,140.85 before finishing at 11-week high at 27,375.58, showing a gain of 258.24 points or 0.95 per cent.
The sensex had last ended at 27,517.68 on Nov 10, 2016.
The NSE 50-share Nifty rose by 84.30 points or 1.00 per cent to close at nearly 11-week high at 8,475.80. The Nifty had last closed at 8,525.75 on November 10, 2016.
Overseas, most Asian stocks rose amid uncertainty over US President Donald Trump's policies and his withdrawal from the Trans-Pacific Partnership trade deal. Key indices in China, Hong Kong, Singapore and Taiwan rose by 0.22 pct to 0.54 pct while indices in Japan and South Korea fell by 0.01 pct to 0.55 pct.
European stocks were trading higher in their afternoon trade as investors waited for a key decision on the process for Brexit. The UK's Supreme Court is set to rule later today on whether Prime Minister Theresa May requires parliamentary approval to trigger the formal separation process from the European Union, which is expected to begin by the end of March. Key indices in France, Germany and UK rose by 0.06 pct to 0.12 pct.

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First Published: Jan 24 2017 | 7:08 PM IST

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