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Open in red, key equity indices close higher on healthy buying

Arnima Dwivedi

Arnima DwivediBy Arnima Dwivedi

Published on 10 Nov 2017 10:05 AM GMT

Open in red, key equity indices close higher on healthy buying
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Key equity indices close higher on healthy buying
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Mumbai: Key Indian equity indices on Friday provisionally closed in the green on the back of last-hour buying in capital goods, banking and consumer durables stocks.

Index heavyweights like State Bank of India, Larsen and Toubro, Hindustan Unilever and Mahindra and Mahindra, among others, aided in the upward trajectory of the key indices.

The wider Nifty50 of the National Stock Exchange (NSE) rose by 12.80 points, or 0.12 per cent, to provisionally close (at 3.30 p.m.) at 10,321.75 points.

The 30-scrip S&P BSE Sensex, which opened at 33,235.75 points, closed at 33,314.56 points -- up 63.63 points or 0.19 per cent -- from Thursday's close.

Also Read: GST on over 170 items of mass consumption slashed to 18%

The Sensex touched a high of 33,280.55 points and a low of 33,108.09 points during intra-day trade.

However, the BSE market breadth was bearish -- 1,489 declines and 1,204 advances.

On Thursday, an upward rally in the S&P BSE consumer durables index and value buying led the benchmark indices to close on a flat-to-positive note.

The Nifty50 closed the day's trade at 10,308.95 points, higher by 5.80 points, or 0.06 per cent, while the BSE Sensex closed at 33,250.93 points -- up 32.12 points or 0.10 per cent.

--IANS

Arnima Dwivedi

Arnima Dwivedi

A journalist, presently working as a sub-editor with newstrack.com. I love exploring new genres of humans and humanity.

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