Markets scale new highs, but fail to sustain

The Indian equity markets on Thursday made fresh record highs but selling pressure, triggered by profit bookings, dragged them to close in the red.

The wider 51-scrip NSE Nifty touched a new record high level of 9,367.15 points during the intra-day trade. Similarly, the BSE Sensex registered a new record high of 30,184.22 points (intra-day).

On closing basis, the NSE Nifty inched down by 9.70 points or 0.10 per cent to provisionally close at 9,342.15 points.

The barometer 30-scrip BSE Sensex, which opened at 30,141.39 points, provisionally closed at 30,029.74 points (at 3.30 p.m.) -- down 103.61 points or 0.34 per cent from its previous close at 30,133.35 points.

The Sensex touched a high of 30,184.22 points and a low of 29,973.40 points during the intra-day trade.

The BSE market breadth was bearish -- with 1,553 declines and 1,314 advances.

--IANS

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