Sensex rises by 438.54 points on positive global cues

Mumbai,

Benchmark Index of Bombay Stock Exchange(BSE) rose 438.54 points or 1.28 percent to settle at 34,592.39, its record closing high on postive global cues in the week under review.

Continuous foreign fund inflows and investors optimism about Q3 December 2017 earnings and upcoming Union Budget also helped the key indices hit record high levels.NSE Nifty also rose 122.40 points or 1.16 percent to settle at 10,681.25, its record closing high.

The BSE Mid-Cap index advanced rose 67 points or 0.37 percent to settle at 18,137.03. BSE Small-Cap index gained rose 288.27 points or 1.46 percent to settle at 19,993.19. Both these indices outperformed the Sensex.

Trading for the week started on positive note. The stock market registered modest gains on Monday, January 8, 2018, on positive global cues, with the barometer index, BSE Sensex rose 198.94 points to settle at 34,352.79. The Nifty also rose 64.75 points to settle at 10,623.60.

The key benchmark indices registered small gains in a range bound session of trade on Tuesday, January 9,2018. The barometer index, BSE Sensex, rose 90.40 points to settle at 34,443.19. NSE Nifty rose 13.40 points to settle at 10,637.

The stock market closed the lackluster trading session on a flat note on Wednesday, January 10, 2018. BSE Sensex, fell 10.12 points to settle at 34,433.07.NSE Nifty fell 4.80 points to settle at 10,632.20.

The stock market closed the mostly range-bound session of trade with small gains on Thursday, January 11, 2018. BSE Sensex advanced 70.42 points to settle at 34,503.49. NSE Nifty 50 index rose 19 points to settle at 10,651.20. The Sensex and the Nifty, both, hit record closing high.

The stock market closed the volatile trading session with small gains on positive global cues on Friday, January 12, 2018. BSE Sensex advanced 88.90 points to settle at 34,592.39. NSE Nifty rose 30.05 points to settle at 10,681.25.