Mumbai Sep 18 (IANS) Positive global cues along with healthy buying in automobile capital goods and consumer durables stocks pushed the Indian equity markets higher with the NSE Nifty50 touching record high levels on Monday.
According to market observers the rally was aided by persistent pumping in of funds by domestic investors.
The wider Nifty50 of the National Stock Exchange (NSE) touched a record intra-day high of 10 171.70 points. It touched an intra-day high of 10 137.85 points on August 2.
At 3.30 p.m. the Nifty50 provisionally closed at a fresh new level of 10 153.10 points -- up 67.70 points or 0.67 per cent.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 32 361.37 points closed at 32 423.76 points -- up 151.15 points or 0.47 per cent from its Friday s close at 32 272.61 points.
The Sensex touched a high of 32 508.06 points and a low of 32 361.25 during intra-day trade.
The BSE market breadth was bullish -- 1 526 advances and 1 078 declines.
On Friday the benchmark indices closed on a flat note as weak global cues on the back of recurring geo-political tensions coupled with profit booking subdued investors sentiments.
The Sensex closed with marginal gains at 32 272.61 points -- up 30.68 points or 0.10 per cent while the Nifty50 inched down 1.20 points or 0.01 per cent to close at 10 085.40 points.
--IANS
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