Equity indices touch new highs; auto stocks zoom (Lead)
Accordingly the S&P BSE Sensex touched a fresh high of 38 920.14 points.
Similarly the NSE Nifty50 reached a new record high of 11 760.20 points.
Market observers credited the easing of global trade tensions and healthy buying in metal auto and IT stocks as factors which pushed the key indices higher.
Around 1.10 p.m. the broader Nifty50 of the National Stock Exchange (NSE) traded at 11 746.15 points - higher by 54.20 points or 0.46 per cent -- from its previous close.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 38 814.76 points traded at 38 907.35 points -- higher by 213.24 points or 0.55 per cent -- from its previous session s close of 38 694.11 points.
Sensex touched a low of 38 760.58 points during the intra-day trade.
--IANS rv/mr