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Nifty at record high in early trade, Sensex up 127 pts

Nifty at record high in early trade, Sensex up 127 pts
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First Published: Mon, May 21 2007. 10 34 AM IST
Updated: Mon, May 21 2007. 10 34 AM IST
PTI
Mumbai: Picking up from the firm trend seen during most days of last week, the wide-based National Stock Exchange’s Nifty soared to hit an all-time high of 4,256.10 points in early trade today on the back of buying by funds along with short-covering.
The Nifty index on the wide-based National Stock Exchange was up by 41.60 points to hit a new high of 4,256.10 in the first five minutes of trading. Previously, it reached an intra-day high of 4,245.305 points on 8 February.
The BSE-30 share index, Sensex, which had gained 3 points in the previous trading session, was up by another 127.18 points at 14,430.59.
Stock brokers said firming global markets mainly triggered buying in heavy-weighted stocks by foreign as well as domestic funds on the bourses here.
Most of the key sectoral indices were in the positive zone with sizeable gains, contributing support to the Sensex.
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First Published: Mon, May 21 2007. 10 34 AM IST
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