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August 23, Wednesday 2017 5:34 PM       

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       BUSINESS Next Article: Govt starts GST awareness drive for consumers  
       Sensex, Nifty scale new peaks on GST preparedness
 
         Posted on :16:31:05 Jun 5, 2017
   
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       Last edited on:16:31:05 Jun 5, 2017
         Tags: Sensex, Nifty scale new peaks on GST
 

MUMBAI: The Sensex on Monday ended higher for the second straight session to close at 31,309.49 while the NSE Nifty scaled a new peak of 9,675.10 on sustained buying by domestic institutional investors and retailers ahead of the RBI monetary policy this week.

Benchmark indices closed range-bound session higher today after the GST Council finalised rates for some commodities and looked confident of the indirect tax regime's rollout scheduled from July 1.

The 30-share Sensex scaled an all-time high of 31,355.42 (intra-day), breaking its previous record of 31,332.56, recorded on June 2.

Finally, the gauge ended higher by 36.20 points, or 0.12 per cent, to close at new peak of 31,309.49, surpassing its previous record closing of 31,273.29, reached on June 2.

The 50-issue Nifty gained 21.60 points, or 0.22 per cent, to close at 9,675.10, surpassing its previous record closing of 9,653.50 on June 2. Its intraday touched a high of 9,687.20 surpassing previous intraday 9,673.50 on Friday.

Among the sectoral index, consumer durables index rose the most by surging 5.81 per cent, followed by realty 1.02 per cent, capital goods 0.80 per cent, oil & gas 0.36 per cent, banking 0.35 per cent, tech 0.27 per cent, IT 0.26 per cent, auto 0.22 per cent and FMCG 0.08 per cent.

Broader markets too were remained in bullish form with small-cap and mid-cap indices climbing 0.65 per cent and 0.15 per cent, respectively.

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       BUSINESS
Next Article: Govt starts GST awareness drive for consumers
 
 
BUSINESS HEADLINES
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BOI considering reduction in SB rate  
Sensex slips into red, down 29 pts in late morning deals  
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NABARD sanctions Rs 1,350-cr loan to Rajasthan govt  
Murthy's shadow to loom large over search for Infy CEO  
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US law firms initiate investigation against Infosys  
Infosys board approves up to Rs. 13,000 cr buyback offer  
RBI to issue new fluorescent blue Rs 50 notes  
PM to launch Rs 15k-cr road projects in Rajasthan  
Sikka quits Infosys after Murthy campaign  
Nifty snaps 3-day winning spree, down 67 pts  
Maruti rolls out sporty 'Ciaz S' at Rs 9.39 lakh  
RBI still has room to slash rate in current fiscal: Kidwai  
Our full sympathy with agitating Noida home buyers: FM  
Videocon names Rajesh Rathi as business head  
Sensex surges 235 pts as geo-political tensions ease  
Sensex jumps 191 points, ignores weak IIP data  
Trai website to soon display telcos' tariff plans: Sharma  
NPA resolution to spur credit expansion, growth: Panagariya  
 
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