Equity indices touch fresh highs; capital goods stocks rise (Lead)
Thursday - August 23, 2018 2:58 pm ,
Category : BUSINESS
Equity indices touch fresh highs; capital goods stocks rise (Lead)
Mumbai Aug 23 (IANS) The key Indian equity indices - S&P BSE Sensex and the NSE Nifty50 - traded on a positive note during the late afternoon session on Thursday.
The key indices had scaled fresh intra-day highs during the morning trade session as the S&P BSE Sensex touched a high of 38 487.63 points while the NSE Nifty50 climbed a peak of 11 620.70 points.
However broadly negative Asian markets due to investors fears over a rise in trade protectionist measures had subdued the key indices.
According to market observers healthy buying in capital goods healthcare and IT counters arrested the slide and supported the market s upward movement.
Around 2.15 p.m. the broader Nifty50 of the National Stock Exchange (NSE) traded at 11 584.05 points - up by 13.15 points or 0.11 per cent - from its previous close.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 38 416.65 points traded at 38 358.86 points -- higher by 73.11 points or 0.19 per cent -- from its previous session s close of 38 285.75 points.
Sensex has touched a low of 38 227.36 points during the intra-day trade.
The Indian equity markets remained closed on Wednesday on account of Eid-al-Adha celebrations.
--IANS ravi-rv/bg
The key indices had scaled fresh intra-day highs during the morning trade session as the S&P BSE Sensex touched a high of 38 487.63 points while the NSE Nifty50 climbed a peak of 11 620.70 points.
However broadly negative Asian markets due to investors fears over a rise in trade protectionist measures had subdued the key indices.
According to market observers healthy buying in capital goods healthcare and IT counters arrested the slide and supported the market s upward movement.
Around 2.15 p.m. the broader Nifty50 of the National Stock Exchange (NSE) traded at 11 584.05 points - up by 13.15 points or 0.11 per cent - from its previous close.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 38 416.65 points traded at 38 358.86 points -- higher by 73.11 points or 0.19 per cent -- from its previous session s close of 38 285.75 points.
Sensex has touched a low of 38 227.36 points during the intra-day trade.
The Indian equity markets remained closed on Wednesday on account of Eid-al-Adha celebrations.
--IANS ravi-rv/bg
