Mumbai, March 6 (IANS) Indian equity markets surged to new closing-high levels on Monday as investors' sentiments were buoyed by positive global cues, coupled with a marginally strong rupee.
The key indices provisionally closed with gains of more than half a per cent each to touch new closing highs since March 2015.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) gained 65.90 points, or 0.74 per cent, to 8,963.45 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,859.21 points, provisionally closed at 29,048.19 points (at 3.30 p.m.) -- up 215.74 points or 0.75 per cent from the previous close at 28,832.45 points.
The Sensex touched a high of 29,070.20 points and a low of 28,856.12 points during the intra-day trade.
The BSE market breadth was tilted in favour of the bulls -- with 1,499 advances and 1,399 declines.
On Friday, the benchmark indices closed on a flat note as global cues and weak rupee eroded investors' risk-taking ability.
The NSE Nifty closed a tad lower by 2.20 points or 0.02 per cent at 8,897.55 points, and the barometer BSE Sensex was down 7.34 points or 0.03 per cent at 28,832.45 points.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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