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Nifty ends higher above the key 10,500-level

Press Trust of India  |  Mumbai 

The benchmark Nifty settled with modest gains to close at 44.60 points higher at 10,545.50 tracking higher Asian cues and improved macro-economic data.

The key indices opened higher and continued to trade strong, lifted by firm global markets with gains largely seen in metal, energy, and financial stocks, though sentiments were under pressure due to PNB fraud shock.

Globally, Asian markets ended higher taking cues from overnight rally on Wall Street following the release of stronger-than-expected US inflation data.

European stocks were also trading higher, tracking firm global peers.

The Nifty closed higher by 44.60 points, or 0.42 per cent, at 10,545.50, its highest close in a week after shuttling between 10,618.10 and 10,511.05.

The key index had slipped 38.85 points, or 0.37 per cent, in the previous session.

It saw an intra-day movement of about 107.05 points.

Sector-wise, rose 0.69 per cent, followed by 0.64 per cent, 0.61 per cent, Financial service 0.59 per cent, FMCG 0.33 per cent, Nifty 0.33 per cent and IT 0.29 per cent.

Losers included Media 1.15 per cent, PSU bank 1.10 per cent, Realty 1.02 per cent and Auto 0.25 per cent.

Major index gainers were 3.39 per cent, BPCL 3.25 per cent, 3.04 per cent, 2.74 per cent and 2.16 per cent.

Losers included 2.66 per cent, 1.91 per cent, 1.67 per cent, 1.59 per cent and 1.35 per cent.

A total of 483 scrips advanced, 1,313 declined, while 44 remained unchanged. Total securities that hit their price bands were 259.

The turnover in the cash segment fell to Rs 31,825.40 crore from Rs 34,739.18 crore yesterday.

A total of 15,763.97 lakh shares changed hands in 10,925,120 trades. The market capitalisation of listed firms on the stood at Rs 1,46,52,808 crore.

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

First Published: Thu, February 15 2018. 20:40 IST