Mumbai, Jly 17 (PTI) The NSE 50-share Nifty closed above

the 9,900-level for the first time triggered by fresh buying

from operators on hopes of good corporate earnings amid

positive global sentiment.

The Nifty opened higher today at 9,908.15. After touching

an intra-day low of 9,894.70, the index headed north to touch


new high of 9,928.20, before settling at 9,915.95, up 0.30 per


On the sectoral front, barring the Nifty FMCG index,

which lost 1.70 per cent, all indices ended in green. The

Nifty Realty, IT, and Metal indices led the gainers, advancing

1.48 per cent, 1.12 per cent, and 0.96 per cent, respectively.

Global concerns about supply overhang in the metals

sector continue to linger, as Chinese steel output in June

rose 5.7 per cent (y-o-y) to a record 73.23 million tonnes,

surpassing an all-time high of 72.78 million tonnes in April,

data from the National Statistics Bureau showed.

A total of 874 scrips declined, 829 advanced, while 81

remained unchanged. Total securities that hit their price

bands were 126.

Turnover in the cash segment dropped to Rs 24,497.73

crore from Rs 27,523.48 crore on last Friday.

A total of 15,349.73 lakh shares changed hands in

8,429,170 trades. The market capitalisation of listed firms on

the NSE stood at Rs 1,29,32,869 crore.

This is published unedited from the PTI feed.