Mumbai June 19 (IANS) Cheered by positive global cues and healthy buying in index heavyweights such as Tata Steel Axis Bank and Reliance Industries the 30-scrip Sensitive index (Sensex) of the BSE traded at new highs during the mid-afternoon trade session on Monday.
Besides the wider NSE Nifty banking index touched a fresh high of 23 806.65 points during intra-day trade as investors sentiments were buoyed on reports that Prime Minister Narendra Modi will review the measures taken by the RBI to resolve the non-performing assets (NPA) issue of Indian state-run banks.
The S&P BSE banking index too traded with gains of 294.35 points or 1.10 per cent.
Around 2.55 p.m. the Sensex traded at 31 320.72 points -- up 264.32 points or 0.85 per cent from its previous close at 31 056.40 points.
It has so far touched a high of 31 362.15 points and a low of 31 163.35 during intra-day trade.
The wider NSE Nifty rose by 71.75 points or 0.75 per cent to trade at 9 659.80 points.
--IANS
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Sensex soars, Bank Nifty hits fresh high (Second Lead)
