Nifty hits all-time high

Adjust Comment Print

Shares edged higher on Friday to a record close, boosted by surging financial and energy stocks, while investors awaited monthly inflation data for clues on the Reserve Bank's monetary policy.

The 30-share index had advanced 134.93 points, or 0.39 per cent, to hit all-time high of 34,638.42, while Nifty had soared to a record of 10,690.25 by gaining 39.05 points, or 0.36 per cent, in early trade.

Sensex was higher by 106 points at 32,079, While Nifty was up by 30 points at 10,682. On the other hand, realty index fell 1.46 per cent, FMCG 0.52 per cent, power 0.47 per cent and healthcare 0.34 per cent. During the week, the Sensex gained 438.54 points, or 1.28%, while the Nifty rose 122.40 points, or 1.15%.

United Kingdom to continue farm subsidies for five years after Brexit
However, junior trade minister Greg Hands said there was no geographical restriction that would prevent the U.K.'s participation. Michael Gove, the environment secretary, said in December that parliament would have an effective veto over any trade deal.

Asian markets trading higher after strong lead from Wall Street.

New Delhi, Jan 12 Shares of TCS today fell by almost 2 per cent after the company said its net profit slipped 3.6 per cent in three months to December. China's custom-cleared trade data showed brisk growth in exports and imports in 2017, underscoring a global economy that continues to hum along nicely.

United States stocks surged to close the session at record highs yesterday as investors bet economic growth would pick up steam.