Sensex, Nifty hit record closing highs
Mon Oct 16 2017
Rajesh Sharma (2002 articles)

Sensex, Nifty hit record closing highs

REUTERS – Indian shares hit record closing highs on Monday as investors were encouraged by recent economic data which showed the country’s merchandise exports surged in September, pushing the trade deficit to a seven-month low.

The broader NSE Nifty ended 0.62 percent higher at 10,230.85, after rising to a record high earlier in the session.

The benchmark BSE Sensex closed up 0.62 percent at 32,633.64, after hitting an all-time high early in the day.

Federal Bank Ltd gained about 7 percent after posting upbeat second-quarter profit.

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.

Discussion

Rules of Discussion on Live Index

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.