Mumbai, Oct 13 (PTI) The Nifty today shattered all records
to close at a life high of 10,167 and the Sensex rallied to an
over two-month high as steady inflation and strong IIP numbers
did the job for investors looking for triggers.
Domestic institutional investors went ahead with more
The rupee appreciation against the American currency
fuelled the rally.
The 50-share NSE Nifty closed at 10,167.45 — a new peak
— up 71.05 points, or 0.70 per cent, after scaling new
intra-day high of 10,191.90. It broke previous record closing
of 10,153.10 hit on September 18.
It also broke the intra-day record of 10,178.95
reached on September 19.
The 30-share BSE Sensex opened positive, but shed some
ground to settle the session higher by 250.47 points, or 0.78
per cent, at 32,432.69, its biggest closing since August 2.
The gauge had rallied 348 points yesterday.
For the second straight week, the Sensex added 618.47
points, or 1.94 per cent, while the NSE Nifty gained 187.75
points, or 1.88 per cent.
Investor sentiment received a boost on positive economic
data after industrial production grew to a 9-month high of 4.3
per cent in August while retail inflation came in at 3.28 per
cent in September, unchanged from August.
This is published unedited from the PTI feed.