Key benchmark indices retained positive zone in
morning trade. The Sensex extended gains and hit fresh intraday high in
mid-morning trade after a manufacturing sector survey showed that production
volumes at Indian manufacturers continued to rise in the month just gone by.
Key benchmark indices further extended gains and hit fresh intraday high in
early afternoon trade. Key benchmark indices extended gains in afternoon trade.
The Sensex and the 50-unit CNX Nifth, both, hit their highest level in almost a
week. Firmness continued on the bourses in mid-afternoon.
About of volatility was witnessed
as key benchmark indices trimmed gains after hitting fresh intraday high in
mid-afternoon. The barometer index, the S&P BSE Sensex, and the 50-unit CNX
Nifty trimmed gains after both these indices hit their highest level in almost
a week. The Sensex was up 379.08 points or 1.57%, off about 50 points from the
day's high and up close to 330 points from the day's low.
The index jumped 428.74 points at the day's high of 24,646.08 in afternoon
trade, its highest level since 27 May 2014. The index gained 52.86 points at
the day's low of 24,270.20 in early trade. The CNX Nifty was up 114.15 points
or 1.58% to 7,344.10. The index hit a high of 7,355.40 in intraday trade, its
highest level since 27 May 2014. The index hit a low of 7,239.50 in intraday
trade.
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