Equity indices at new highs, Sensex closes above 34k (Second Lead)

Mumbai Dec 26 (IANS) Wiping off the day s initial losses the key indices of the Indian equity markets provisionally closed Tuesday s trade at new highs.

The barometer 30-scrip Sensitive Index (Sensex) closed above the 34 000-level for the first time at 34 010.61 -- up 70.31 points or 0.21 per cent from Friday s closing high of 33 940.30 points.

The Sensex scaled a fresh high of 34 061.88 points on an intra-day basis surpassing its Friday s (December 22) intra-day high of 33 964.28 points.

The BSE market breadth was bullish as 1 676 stocks advanced as compared to 1 071 declines.

On the National Stock Exchange the wider Nifty50 closed higher by 38.50 points or 0.37 per cent at a fresh level of 10 531.50 points. The Nifty touched a new high of 10 545.45 points on an intra-day basis.

--IANS
ppg/dg