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Nifty scales fresh highs, goes up by 32 points

Mumbai: The market maintained its bull run to attain fresh record highs as broadbased buying led the benchmark to garner another 31.50 points end above the 6,750- mark at National Stock Exchange (NSE) here today.Strong

India TV News Desk [ Updated: April 02, 2014 19:44 IST ]
nifty scales fresh highs goes up by 32 points
nifty scales fresh highs goes up by 32 points

Mumbai: The market maintained its bull run to attain fresh record highs as broadbased buying led the benchmark to garner another 31.50 points end above the 6,750- mark at National Stock Exchange (NSE) here today.


Strong FII inflows amid optimism about general elections this month continued to propel market sentiment supported by higher global cues.

Barring FMCG and metal counters, almost all sectoral indices including banking, energy, pharma, auto and infra counters witnessed good buying activity, even as shares of mid-cap and small-cap companies surged on value buying, gaining 1.46 per cent and 2.42 per cent.

Meanwhile, FIIs bought shares worth a net Rs 385.66 crore yesterday, as per provisional stock exchange data.

The market opened higher to hit fresh highs on firm Asian cues and continued to trade positive. During the morning session, it traded range-bound, while during the afternoon, it trimmed some gains. A higher European opening led to the benchmark touching a new record level.

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