The South Asian Times

13 December 2017 17:33 PM

Nifty50 scales record highs, Sensex closes 250 points higher

By IANS

Mumbai, Oct 13: With stable inflation, healthy domestic factory output data and a strong rupee giving a fillip to investors' risk-taking appetite, the wider Nifty50 of the National Stock Exchange (NSE) hit record highs on Friday.

The Nifty50 provisionally closed (at 3.30 p.m.) at a new high of 10,167.45 points, after scaling a fresh intra-day high of 10,191.90 points.

Previously, the Nifty50 closed at a high of 10,153.10 points, and scaled a high of 10,178.95 points on an intra-day basis on September 19.

The 30-scrip Sensitive Index (Sensex) of the BSE closed at 32,432.69 points -- up 250.47 points, or 0.78 per cent, from its previous close.

Healthy buying was witnessed in banking and metals stocks on the BSE market breadth.

On Thursday, the benchmark indices closed on a higher note buoyed by positive global cues and intense buying activity during the last hour of trade.

The Sensex closed at 32,182.22 points -- up 348.23 points, or 1.09 per cent -- while the Nifty50 surged by 111.60 points, or 1.12 per cent, to close at 10,096.40 points.

Update: 13 Oct, 2017

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