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Sensex ends at new peak of 34,592.39 pts on strong global cues

Mumbai, Jan 12: After touching an all-time-high in the morning trade, the country's equity markets on Friday ended the volatile session on a positive note with both the Sensex and Nifty scaling a record high.
The benchmark index of Bombay Stock Exchange (BSE) extended gains for another day on Friday by 88.90 points to end at a record peak of 34,592.39 on the back of strong global cues.
The Nifty of National Stock Exchange (NSE) too rose by 30.05 points to 10,681.25. 
The Sensex and Nifty hit record highs in early trade on the back of positive trading sentiment in Asian stocks fueled by strong lead from Wall Street. Also, expectations of recovery in domestic earnings in Q3 FY18 aided sentiment.
A high volatility was witnessed during the day, as the Sensex edged higher by 75 points to 34,578.99. It gained further by 135 points to a day's high of 34,638.42, before closing at 34,592.39, up by 88.90 points as compared to its last close.
The Nifty registered day's high and low at 10,690.40 and 10,597.10 points, respectively.
The sectoral indices like Energy, Oil & Gas, Bankex and Financethat advanced, along with scrips of ICICI Bank, Maruti Suzuki,  NGC, Reliance Industries and Dr Reddy's Lab which also pushed the Sensex up, brokers said.
Among the secondary indices, the S&P BSE Mid-Cap index declined 0.17
per cent. The Small-Cap index went up 0.05 pc. Both these indices underperformed the Sensex.
The market breadth was negative on BSE, as 1,566 shares declined against 1,353 advanced and 151 were unchanged.
The total turnover on BSE amounted to Rs 5,371.37 crore, compared with a turnover of Rs 5,253.96 crore registered during the previous trading session.UNI

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