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Indian Equity Markets Have A Field Day As Sensex, Nifty Hit Record Highs

Healthy buying in auto, banking and IT stocks.
Punit Paranjpe / Reuters

MUMBAI -- Positive global cues, along with healthy macro-economic data and expectation of a normal monsoon, lifted the Indian equity markets to record closing as well as intra-day highs on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE), which crossed the 9,500-mark for the first time during the mid-afternoon trade session, provisionally closed at a new high of 9,512.25 points -- up 66.85 points or 0.71 per cent.

The 30-scrip Sensitive Index (Sensex) of the BSE gained by 260.48 points or 0.86 per cent, to provisionally close at 30,582.60 points -- a new closing high.

According to market observers, healthy buying was witnessed in automobile, banking and IT stocks.

Both the key indices touched their fresh intra-day highs. The NSE Nifty touched an intra-day high of 9,517.20 points and the BSE sensex of 30,591.55 points.

On 11 May, the benchmark indices touched record intra-day highs, as well as new 52-week highs. The Nifty scaled a new intra-day high of 9,450.65 points and the BSE Sensex of 30,366.43 points.

On May 15, the NSE Nifty rose by 44.95 points or 0.48 per cent to a new closing high of 9,445.85 points. The Sensex closed at a new high of 30,322.12 points -- up 133.97 points or 0.44 per cent.

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This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.