Mumbai May 15 (IANS) Indian equity markets on Monday closed at record high levels as positive domestic macro-economic data and a strong rupee cheered investors.
Investors sentiments were buoyed by official data on Wholesale Price Index (WPI) and Consumer Price Index (CPI) released after market hours on Friday which showed that inflation eased in April. The data on annual rate of inflation was calculated on a revised base year of 2011-12.
The key indices provisionally closed with gains of close to half a per cent as healthy buying was witnessed in metal banking and healthcare stocks.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 44.95 points or 0.48 per cent to provisionally close at 9 445.85 points -- a new closing high.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 30 287.37 points provisionally closed at a new high of 30 322.12 points -- up 133.97 points or 0.44 per cent from its previous close at 30 188.15 points.
The Sensex touched a high of 30 357.96 points and a low of 30 273.62 points during the intra-day trade.
The BSE market breadth was bullish with 1 497 advances and 1 314 declines.
On Friday the NSE Nifty fell by 21.50 points or 0.23 per cent to close at 9 400.90 points and the BSE Sensex closed at 30 188.15 points -- down 62.83 points or 0.21 per cent.
--IANS
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Positive macro-data, rupee lift equity markets to new highs (Second Lead)
