Equities close flat, intra-day highs for Sensex, Nifty

Sensex closes at record high, crosses 32000

The benchmark BSE Sensex too climbed 72.37 points, or 0.22 per cent, to a new record 32,109.75, breaking its previous life high of 32,091.521 reached yesterday.

The Nifty50 on Friday ended 5 points down at 9,886.35.

Among sectoral indices, BSE utilities (up 1.08 per cent) gained the most with RattanIndia Infra, GAIL and Lanco Infratech surging up to 7 per cent.

India's annual retail inflation eased to a record low of 1.54 per cent during June, lowest since 1999, while the country's factory output growth slowed to 1.7 per cent in May.

"Major Asian markets have ended on a positive note".

The domestic equity indices ended a four-day winning run to come off lifetime highs on Friday, as selling in IT stocks accelerated after muted Q1 earnings numbers by local software giants, Infosys and TCS, failed to enthuse investors. "European indices like DAX, CAC 40 and FTSE 100 traded higher".

More news: Takata Recalls Another 2.7M Air Bag Inflators

Foreign portfolio investors (FPIs) bought shares worth a net Rs 361.25 crore yesterday, PTI reported. Both Sensex and Nifty have rallied around 2 per cent in this week.

On the other hand, BSE Smallcap index shed 55 points with 20 out of 30 stocks ending the day in red. It's set for a 3.3 per cent gain for the week. The major gainers in Sensex include NTPC (up 2.02%), Kotak Mahindra Bank (up 1.3%), Cipla (up 0.96%), SBI (up 1.04%), Reliance Industries (up 0.8%).

Major Sensex losers were: TCS, down 1.85 per cent at Rs 2,398.80; Wipro, down 1.78 per cent at Rs 259.50; Tata Motors, down 1.42 per cent at Rs 451.90; Coal India, down 1.14 per cent at Rs 250.55; and Tata Motors (DVR), down 1.11 per cent at Rs 272.75.

Sector-wise, the S&P BSE IT index declined by 96.68 points, the capital goods index by 93.55 points and the consumer durables index by 78.27 points.

This is published unedited from the IANS feed.

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