Finance

Indian equities buoyed, Nifty, Sensex scale new highs

Broadly positive global cues and healthy buying in consumer durables, capital goods and automobile stocks buoyed the Indian equity markets on Wednesday and both the key indices touched new 52-week intra-day highs as well as new closing highs.

The wider 51-scrip Nifty of the National Stock Exchange (NSE), after opening at a record high of 9,264.40 points, provisionally closed at 9,265.15 points — up 27.30 points or 0.30 per cent.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,996.03 points, provisionally closed at 29,974.24 points — up 64.02 points or 0.21 per cent from the previous close at 29,910.22 points.

The Sensex touched a new 52-week high crossing the 30,000-mark during intra-day trade. It touched a high of 30,007.48 points and a low of 29,817.69 points.

The BSE market breadth was bullish with 2,000 advances and 934 declines.

FIIs net buy Rs 340.13 in equities and DIIs net Sell  194.05 Cr in equities.

Nifty Put Call Ratio (PCR) data shows support at 9200 and resistance at 9300

FII positions in Index puts, futures and calls.

(With agency inputs)

Viswanathan Sundaresan

Viswanathan Sundaresan is a trader, investor and a derivative strategist. He trades Futures and options using charts. He is not a registered analyst with SEBI. Interests : Futures, Options Strategies, Moving Averages, Technical Analysis and Astrology.