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Global cues, FII inflows lift equity indices to new highs; realty stocks rise
TIWN
Global cues, FII inflows lift equity indices to new highs; realty stocks rise
PHOTO : TIWN

New Delhi, Dec 18 (TIWN) Strong buying support combined with influx of fresh foreign funds lifted the key Indian equity indices to reach record intra-day highs on Wednesday.

In terms of sectors, Realty, Metal and Auto indices were major gainers.  At 1. 50 p. m., Sensex was trading at 46,623. 03, higher by 359. 86 points or 0. 78 per cent from the previous close.  The Nifty50 was trading at 13,669. 10, higher by 101. 25 points or 0. 75 per cent from the previous close.  “At current juncture, support for Nifty is inching higher to 13450 – 13500 zone; while resistance can be seen around 13750 zone,” said Jay Purohit, Technical&Derivatives Analyst, MOFSl.

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