Equity indices surge to fresh highs on global cues, healthy buying (Second Lead)

Mumbai Nov 3 (IANS) Key Indian equity indices on Friday surged to provisionally close at fresh highs on the back of broadly positive global cues and healthy buying in index heavyweights like State Bank of India Larsen and Toubro Tata Motors and ONGC.

The broader Nifty50 of the National Stock Exchange scaled a fresh intra-day high of 10 461.70 points and the barometer 30-scrip Sensitive Index (Sensex) of the BSE of 33 733.71 points.

On closing basis (at 3.30 p.m.) the Nifty50 rose by 28.70 points or 0.28 per cent to a new high of 10 452.50 points. Its earlier record was 10 440.50 points (November 1).

Surpassing its previous record closing at 33 600.27 points the BSE Sensex provisionally closed at a fresh high of 33 685.56 points -- up 112.34 points or 0.33 per cent.

The BSE market breadth was bullish -- 1 429 advances and 1 312 declines.

On Thursday the benchmark indices closed on a flat-to-negative note. The Nifty50 fell by 16.70 points or 0.16 per cent to close at 10 423.80 points while the BSE Sensex closed at 33 573.22 points -- down 27.05 points or 0.08 per cent.

--IANS
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