Sensex, Nifty at record highs, auto stocks rise (Third Lead)

Mumbai May 16 (IANS) Positive global cues along with healthy macro-economic data and expectation of a normal monsoon lifted the Indian equity markets to record closing as well as intra-day highs on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) which crossed the 9 500-mark for the first time during the mid-afternoon trade session provisionally closed at a new high of 9 512.25 points -- up 66.85 points or 0.71 per cent.

The 30-scrip Sensitive Index (Sensex) of the BSE gained by 260.48 points or 0.86 per cent to provisionally close at 30 582.60 points -- a new closing high.

According to market observers healthy buying was witnessed in automobile banking and IT stocks.

Both the key indices touched their fresh intra-day highs. The NSE Nifty touched an intra-day high of 9 517.20 points and the BSE sensex of 30 591.55 points.

On May 11 the benchmark indices touched record intra-day highs as well as new 52-week highs. The Nifty scaled a new intra-day high of 9 450.65 points and the BSE Sensex of 30 366.43 points.

On May 15 the NSE Nifty rose by 44.95 points or 0.48 per cent to a new closing high of 9 445.85 points. The Sensex closed at a new high of 30 322.12 points -- up 133.97 points or 0.44 per cent.

--IANS
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