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Equity indices surge to fresh highs; Sensex crosses 38,500 points

IANS  |  Mumbai 

The key Indian equity indices touched fresh record high levels on Monday morning tracking firm global cues.

Both the and the NSE Nifty50 hit their respective intra-day benchmarks of 38,586.83 points and 11,654.15 points.

According to market observers, so far healthy buying activity was witnessed in banking, and consumer durables stocks.

At 9.34 a.m., the wider Nifty50 on the National Stock Exchange traded at 11,651.50 points, higher by 94.40 points or 0.82 per cent from its previous close.

The benchmark which had 38,472.03 points, traded at 38,582.42 points, higher by 330.62 points or 0.86 per cent from its previous close of 38,251.80 points.

So far, it has touched an intra-day low of 38,416.73 points.

--IANS

rrb/ksk

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

First Published: Mon, August 27 2018. 09:56 IST
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