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Sensex, Nifty hit fresh intra-day highs

IANS  |  Mumbai 

The key Indian equity indices touched new intra-day highs during the mid-afternoon trade session on Wednesday, as a strong rupee and healthy buying in metal and automobile stocks buoyed investors' sentiments.

The wider 51-scrip of the National Stock Exchange (NSE) scaled a new intra-day high of 9,528.15 points, while the 30-scrip Sensitive Index (Sensex) of the BSE touched a new high of 30677.83 points intra-day.

On Tuesday, the NSE touched an intra-day high of 9,517.20 points and the BSE of 30,591.55 points.

Around 2 p.m. on Wednesday, the NSE rose by 15.40 points or 0.16 per cent to 9,527.65 points.

The BSE Sensex, which opened at 30,616.53 points, traded at 30,674.35 points (at 2.00 p.m.) -- up 91.75 points or 0.30 per cent, from its previous close at 30,582.60 points.

"Investors remained firm ahead of a crucial GST (Goods and Services Tax) panel meet in Srinagar starting tomorrow. Both the benchmark indices touched all-time high levels," Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS.

"Appreciation of the rupee against the US dollar also supported the firmness," he added.



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

First Published: Wed, May 17 2017. 14:18 IST