Nifty closes at new high of 9,160; Sensex closes over 29,648

Mumbai: The BSE Sensex on Friday rose 63.14 points to end at 29,648.99 while the Nifty gained 6.35 points to close at a new high of 9,160.05.

Nifty crossed the psychologically significant 9,200-level for the first time during intra-day trade even as the Indian equity markets traded on a flat note as investors turned to book profits.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,755.74 points, traded at 29,643.17 points (at 12.40 pm.) -- up 57.32 points or 0.19 percent from the previous close at 29,585.85 points.

The Sensex has so far touched a high of 29,824.62 points and a low of 29,627.62 points during the intra-day trade.    

In contrast, the BSE market breadth was bearish -- with 1,556 declines and 1,032 advances.

FMCG stocks witnessed healthy buying while heavy selling pressure was seen in capital goods, banking and automobile stocks.

On Thursday, positive global cues, coupled with a strong rupee and fresh inflows of foreign funds, infused healthy buying sentiments and brought cheer to the equity markets.

With Agency Inputs