Social News XYZ     

With FMCG stocks fillip, equity markets close at new highs

With FMCG stocks fillip, equity markets close at new highs

Mumbai, May 29 (IANS) 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.

Facebook Comments
With FMCG stocks fillip, equity markets close at new highs

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

%d bloggers like this: