Sensex, Nifty hit record closing highs; up in first week of 2018

The BSE Sensex surged 184.21 points or 0.54% to end at 34,153.85. During the day the key index touched its lifetime high of 34,188.85

The BSE Sensex surged 184.21 points or 0.54% to end at 34,153.85. During the day the key index touched its lifetime high of 34,188.85

Sensex closed 0.54% higher at 34,153.85 points.

The Nifty Metal Index inched higher, led by over 1% gain in shares of Hindalco Industries and Vedanta, tracking the overnight rise in global base metal prices.

Earlier on Monday, the Sensex declined 244 points, to close at 33,813.

The finance ministry on Thursday sought Parliament's nod for extra expenditure of INR 80,000 crore towards recapitalisation of bad loans-saddled public sector banks through bonds.

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Charles where a man pointed a gun at a black woman for no apparent reason while driving on Interstate 70". What he found was Taylor Wilson, 26, sitting at the engineer's seat in the train's follow engine.

Among the sectoral indices, metal climbed 2.77 per cent, consumer durables 2.53 per cent, capital goods 2.11 per cent, PSU 1.55 per cent, infrastructure 1.03 per cent, healthcare 0.99 per cent, oil and gas 0.80 per cent, bankex 0.51 per cent and power 0.33 per cent. The barometer had lost 162.58 points in the previous two sessions. The markets gained steam during the last hour of trade. The 50-share NSE Nifty was also trading higher above 40 points at 10,548 and touched a new peak of 10,555 in late morning trade.

The broader markets too remained in bullish mode, with the BSE small-cap index rising 0.97 per cent.

Asian shares inched closer to a record high after a report released on Thursday showed USA private employers added higher-than-expected 250,000 jobs in December.

Top five Sensex gainers were YES Bank (+5.03%), Adani Ports (+3.71%), Bharti Airtel (+3.36%), IndusInd Bank (+3.17%) and Dr Reddy's (+2.4%), while the major losers were ONGC (-0.83%), ICICI Bank (-0.7%), State Bank of India (-0.6%), Wipro (-0.56%), Sun Pharma (-0.39%).

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However, auto and realty fell by 0.20 per cent and 0.19 per cent, respectively.

Foreign portfolio investors (FPIs) bought shares worth a net of INR 212.05 crore, while Domestic Institutional Investors (DIIs) made purchases worth a INR 325.24 crore on Thursday, as per provisional exchange data. Both indexes gained almost 0.3 per cent on week.

Overseas, Asian bourses displayed a strong trend, with Japan's Nikkei rising 0.89 per cent, Shanghai Composite gaining 0.18 per cent while Hong Kong's Hang Seng rose 0.25 per cent.

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