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Sensex ends 201 points higher; Nifty settles at 10231-level

17 October 2017

At 9.55 a.m., the 30-share BSE index Sensex was up 181.29 points or 0.56 per cent at 32,613.98 and the 50-share NSE index Nifty was up 59.75 points or 0.59 per cent at 10,227.20.

During the day, the Sensex touched a record high of 32,687.32 points, while the Nifty 50 touched its lifetime high of 10,242.95.

It however failed to maintain record levels on profit-booking, and settled at new high of 10,230.85, up 63.40 points, or 0.62 per cent.

The BSE Sensex after scaling an all-time high of 32,687.32 points at the outset, finally ended 200.95 points to end at a new peak of 32,633.64, breaching its previous record of 32,575.17 hit on August 1 and also broke its intra-day record of 32,686.48 reached on August 2.

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Mumbai (Maharashtra) [India], Oct. 16: The Diwali week flagged off with record highs as the market witnessed a record high in the Sensex and Nifty, giving investors a reason to rejoice.

Almost 130 stocks rose to a fresh 52-week high on the BSE, in the opening trade of the Diwali week.

Underlying inflation in the United States was muted at 0.2 percent in August, data showed on Friday. However, Axis Bank fell 2.07 pct, Reliance by 1.11 pct and SBIN 0.51 pct.

Hong Kong's Hang Seng was trading higher by 0.94 per cent, while Shanghai Composite rose 0.14 per cent in late morning trade.

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"Shares of metal companies were in focus with the S&P BSE metal index hitting six-year high on expectations of strong earnings growth in July-September quarter (Q2FY18)", said Dhruv Desai, Director and Chief Operating Officer of Tradebulls.

European STOXX 600 benchmark ended flat and closed 0.1 per cent up as Spanish stocks lagged, Reuters reported.

Among the top Sensex gainers: Bharti Airtel rose 5 percent, Mahindra and Mahindra added 3 percent, Hindustan Unilever gained 2.6 percent while Tata Motors advanced 2.9 percent.

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Many view the movement to be a protest against the American flag and a sign of disrespect towards those in the US armed forces. For us, it's a good example to show.

Sensex ends 201 points higher; Nifty settles at 10231-level