Mumbai, Oct 13 (PTI) Benchmark Nifty extended its rally

by 71.05 points to end at a fresh closing high of 10,167

today, lifted by positive economic data and buying in banks,

finance, metal and realty counters.

Positive cues from the Asian market also boosted

sentiment.

Telecom stocks rallied after Bharti Airtel agreed to take

over Tata group’s mobile business.

The NSE 50-share Nifty closed at record 10,167.45,

gaining 71.05 points, or 0.70 per cent. It also registered an

all-time intra-day high of 10,191.90.

Overseas, most European shares were trading higher.

Most Asian stocks ended higher. Investors were cautious

ahead of US economic data as well as the Chinese Communist

Party congress next week.

Meanwhile, the broader midcap and smallcap shares traded

lacklustre.

Major index gainers were Bharti Airtel, Bharti Infratel,

Tata Steel, Kotak Bank and Ultratech Cement.

Losers were Gail, Zee, Dr Reddy’s, M&M and Sun Pharma.

The market breadth, indicating the overall health of the

market, was in favour of losers. On the NSE, 930 stocks

declined, 787 advanced and 82 remained unchanged.

Total securities that hit their price bands were 133.

Turnover in the cash segment rose to Rs 29,800.05 crore

from Rs 27,360.23 crore yesterday.

A total of 14,076.28 lakh shares changed hands in

9,672,385 trades. The market capitalisation of listed firms

on the NSE stood at Rs 1,36,74,614 crore.

This is published unedited from the PTI feed.