Business Standard

With FMCG stocks fillip, equity markets close at new highs

Image

IANS Mumbai

After a day of volatile trading, the Indian equity markets on Monday scaled fresh highs on the back of healthy buying in FMCG sector's stocks led by Hindustan Unilever, Dabur and ITC.

Both the key indices, however, closed on a flat note as investors booked profits and healthcare stocks extended their losses.

The wider 51-scrip NSE Nifty closed above the 9,600 points-level. It rose by 9.80 points or 0.10 per cent to provisionally close at a new high of 9,604.90 points, after touching a fresh intra-day high of 9,637.75 points.

The 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed at a high of 31,109.28 points (at 3.30 p.m.) -- up 81.07 points or 0.26 per cent, after scaling a new intra-day high of 31,214.39 points.

 

On Friday, the Sensex crossed the 31,000-mark for the first time in its history, while the Nifty, too, surged and for the first time touched the 9,600-mark.

--IANS

ppg/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 29 2017 | 4:00 PM IST

Explore News