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BREAKING NEWS

With FMCG stocks fillip, equity markets close at new highs (Second Lead)

29 May 2017

Mumbai May 29 (IANS) After a day of volatile trading the Indian equity markets on Monday scaled fresh highs on the back of healthy buying in FMCG sector s stocks led by Hindustan Unilever Dabur and ITC.

Both the key indices however closed on a flat note as investors booked profits and healthcare stocks extended their losses.

The wider 51-scrip NSE Nifty closed above the 9 600 points-level. It rose by 9.80 points or 0.10 per cent to provisionally close at a new high of 9 604.90 points after touching a fresh intra-day high of 9 637.75 points.

The 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed at a high of 31 109.28 points (at 3.30 p.m.) -- up 81.07 points or 0.26 per cent after scaling a new intra-day high of 31 214.39 points.

On Friday the Sensex crossed the 31 000-mark for the first time in its history while the Nifty too surged and for the first time touched the 9 600-mark.

--IANS
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