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Sensex, Nifty scale new peaks on sustained buying

Press Trust of India  |  Mumbai 

Markets continued their record- setting run for yet another session today with both the and ending at lifetime highs on robust buying by domestic institutional investors amid positive global cues.

The gained 88.90 points to end at 34,592.39, while the broader finished at 10,681.25, up 30.05 points.

After opening on a strong footing, the advanced to hit a fresh lifetime high of 34,638.42 on the back of continued buying by domestic funds and but later declined to 34,342.16.

It finally settled 88.90 points, or 0.26 per cent higher at 34,592.39, breaking its previous record closing of 34,503.49 hit in yesterday's trade.

The broader Nifty, after scaling an all-time high (intra-day) of 10,690.40 points, finished at 10,681.25, up 30.05 points, or 0.28 per cent.

It surpassed its previous record closing of 10,651.20 hit yesterday.

This was the sixth weekly gain in a row for the benchmarks. During the week, the Sensex gained 438.54 points, or 1.28 per cent, while the rose 122.40 points, or 1.15 per cent.

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

First Published: Fri, January 12 2018. 16:00 IST