Market Make Fresh Record Highs
After trading mostly weak, Indian shares made a sizzling
comeback in late trade today, as investors took cues from positive trade
balance data that reiterated the view that the Indian economy is slowly coming
back on track.
Early on, both the
Sensex and the Nifty trading marginally below the dotted line but surged later
to log fresh all-time highs.
At close, the Sensex jumped 0.4. percent, or 118 points,
to 28,164 while the 50-share Nifty gained 0.42 percent, or 36 points, to 8,425.
The late move, while it was led by auto and public-sector
banks, was broad-based with telecom, services, chemicals and utility shares all
rising over 1 percent.
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