Mkts end in green, Nifty at new peak
Mkts end in green, Nifty at new peak
The wide-based National Stock Exchange index, Nifty, scaled a new peak of 4,295.60 points on sustained buying.

New Delhi: After opening strong, markets gave up their gains on account of profit booking that set in during the last hour of trade and ended with marginal gains.

With rupee hitting new highs, the IT stocks continue to struggle. IT majors like Wipro, Infosys and Satyam were among the top losers.

However, banking, capital goods, PSUs, oils and auto sector stocks led the rally in the market.

HDFC Bank, GSK, L&T, Ambuja Cements, Dabur India were among the top gainers.

The wide-based National Stock Exchange index, Nifty, scaled a new peak of 4,295.60 points on sustained buying in heavy-weight stocks by funds, triggered by firming global markets.

The Nifty, which touched an intra-day record high of 4,295.60 points, slipped partially on profit-booking and ended 8.40 points higher at 4,256.50 points. Previously, it reached an intra-day high of 4,291.40 points on May 23.

The benchmark Sensex also gained 59.44 points at 14,397.90, after touching an intra-day high of 14,527.47 and a low of 14,368.40.

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