Mumbai Jan 5 (IANS) Key Indian equity indices on Friday traded at record high levels during the mid-afternoon session as positive global cues and healthy buying in auto consumer durables and banking stocks gave a boost to investors sentiments.
The wider Nifty50 of the National Stock Exchange (NSE) reclaimed the 10 500-level and touched a fresh intra-day high level of 10 562.80 points -- surpassing its previous record of 10 552 points (December 29 2017).
Around 12.45 p.m. the Nifty50 traded higher by 32.55 points and 0.31 per cent at 10 537.35 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE too scaled a new intra-day high of 34 175.21 points -- crossing its previous intra-day high level of 34 137.97 points (December 29).
The Sensex which opened at 34 021.27 points traded at 34 106.98 points (around 12.45 p.m.) -- up 137.34 points or 0.40 per cent -- from its previous session s close.
The BSE market breadth was bullish as 1 794 stocks advanced as compared to 949 declines.
"Indian equities hit all time high on the last day s trade session of the week. Sentiments were supported by positive trend seen in the Asian markets after the Dow Industrials on the Wall Street broke above the 25 000 level for the first time overnight " Dhruv Desai Director and Chief Operating Officer of Tradebulls told IANS.
On Thursday the benchmark indices closed in the green as positive global cues along with inflow of foreign funds lifted investors risk-taking appetite.
The NSE Nifty50 rose by 61.60 points or 0.59 per cent to close at 10 504.80 points while the BSE Sensex closed at 33 969.64 points -- up 176.26 points or 0.52 per cent.
--IANS
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