Mumbai, June 5 (IANS) Despite trading on a sluggish note, the Indian equity markets on Monday were lifted marginally to a new high, with both the key indices scaling fresh closing as well intra-day highs.
Healthy buying was witnessed in consumer durables, capital goods and banking stocks.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) provisionally closed at a new high of 9,675.10 points -- up 21.60 points or 0.22 per cent -- after touching a record intra-day high of 9,687.20 points.
The 30-scrip Sensitive Index (Sensex) of the BSE, provisionally closed at a fresh high of 31,309.49 (at 3.30 p.m.) points -- up 36.20 points or 0.12 per cent, from it's previous close at 31,273.29 points.
It touched a new high of 31,355.42 points intra-day.
The BSE market breadth was bullish -- with 1,434 advances and 1,247 declines.
According to market observers, investors were cautious ahead of the Reserve Bank of India's two-day monetary policy review that begins on Tuesday.
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.