Indian equities close flat, indices at new highs (Second Lead)

Mumbai June 5 (IANS) Despite trading on a sluggish note the Indian equity markets on Monday were lifted marginally to a new high with both the key indices scaling fresh closing as well intra-day highs.

Healthy buying was witnessed in consumer durables capital goods and banking stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) provisionally closed at a new high of 9 675.10 points -- up 21.60 points or 0.22 per cent -- after touching a record intra-day high of 9 687.20 points.

The 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed at a fresh high of 31 309.49 (at 3.30 p.m.) points -- up 36.20 points or 0.12 per cent from it s previous close at 31 273.29 points.

It touched a new high of 31 355.42 points intra-day.

The BSE market breadth was bullish -- with 1 434 advances and 1 247 declines.

According to market observers investors were cautious ahead of the Reserve Bank of India s two-day monetary policy review that begins on Tuesday.

--IANS
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