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Nifty50 hits record intra-day high, Sensex up over 300 points (Second Lead)

Friday - October 13, 2017 2:02 pm , Category : BUSINESS
 Nifty50 hits record intra-day high, Sensex up over 300 points (Second Lead)
Nifty50 hits record intra-day high, Sensex up over 300 points (Second Lead)

Mumbai Oct 13 (IANS) Surpassing its previous record the wider Nifty50 of the National Stock Exchange (NSE) hit a fresh intra-day high of 10 179.15 points on Friday.



Previously the Nifty50 scaled a high of 10 178.95 points on an intra-day basis on September 19.

At 1.50 p.m. the index traded at 10 167.10 points -- up 70.70 points or 0.70 per cent.

Around the same time the 30-scrip Sensitive Index (Sensex) of the BSE traded at 32 435.30 points -- up 253.08 points or 0.79 per cent from its previous close.

According to market observers healthy domestic factory output data coupled with a strong rupee and healthy buying in banking metal and consumer durables stocks drove the rally of the key indices.

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.

--IANS
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