Sensex, Nifty hit fresh intra-day highs (Second Lead)

Mumbai May 17 (IANS) The key Indian equity indices touched new intra-day highs during the mid-afternoon trade session on Wednesday as a strong rupee and healthy buying in metal and automobile stocks buoyed investors sentiments.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) scaled a new intra-day high of 9 528.15 points while the 30-scrip Sensitive Index (Sensex) of the BSE touched a new high of 30677.83 points intra-day.

On Tuesday the NSE Nifty touched an intra-day high of 9 517.20 points and the BSE Sensex of 30 591.55 points.

Around 2 p.m. on Wednesday the NSE Nifty rose by 15.40 points or 0.16 per cent to 9 527.65 points.

The BSE Sensex which opened at 30 616.53 points traded at 30 674.35 points (at 2.00 p.m.) -- up 91.75 points or 0.30 per cent from its previous close at 30 582.60 points.

Investors remained firm ahead of a crucial GST (Goods and Services Tax) panel meet in Srinagar starting tomorrow. Both the benchmark indices touched all-time high levels Dhruv Desai Director and Chief Operating Officer of Tradebulls told IANS.

Appreciation of the rupee against the US dollar also supported the firmness he added.

--IANS
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