Nifty ends at new high; Sensex slips from record

October 17, 2017 04:31 pm | Updated December 03, 2021 10:41 am IST - Mumbai

Continuing its record-setting spree for the third session, benchmark Nifty closed at a fresh lifetime high of 10,234.45 on Tuesday amid optimism over earnings and robust buying by domestic institutional investors.

However, benchmark BSE Sensex retreated from record levels as participants preferred to book profits.

 

The 50-issue Nifty, after a shaky start at 10,227.65, made a strong rally to hit a fresh high of 10,251.85, breaching its previous intra-day record of 10,242.95 hit on Monday.

But selling at higher levels dragged it to a low of 10,212.60, before the index settled at a new peak of 10,234.45, up 3.60 points, or 0.04 per cent. It broke its previous record close of 10,230.85 hit on Monday.

The BSE Sensex, after scaling a new intra-day high of 32,699.86 in early trade on sustained buying by DIIs and other participants, succumbed to profit booking and closed the day at 32,609.16, down 24.48 points or 0.08 per cent.

It breached its previous intra-day record of 32,687.32 points hit in Monday’s trade.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.