Sensex, Nifty hit record highs

Mumbai, 31 October 2014

A benchmark index of Indian equities markets Friday touched a record high of 27,529.89 points, surpassing previous high of 27,390.60 points hit Thursday.

Good buying was observed in IT, capital goods and technology, media and entertainment (TECK) sectors; while selling pressure was seen in consumer durables sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,439.06 points, was trading at 27,508.16 points (at 09.24 a.m.) in the early session, up 161.83 points or 0.59 percent from the previous day’s close at 27,346.33 points.

The Sensex touched a high of 27,529.89 points and a low of 27,438.28 points in the trade so far.

The S&P IT index gained 169.93 points, capital goods index moved up by 138.03 points and TECK index inched up by 69.72 points. However, consumer durables index went down by 218.50 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also hit a record high and was trading 65.15 points or 0.80 percent up at 8,234.35 points.