The BSE sensex and the 50-unit CNX Nifty, both hit their highest level in over 4-1/2 weeks. The S&P BSE Sensex was up 59.52 points or 0.29%, off 27.28 points from the day’s high and up 51.97 points from the day’s low. The market breadth, indicating the overall health of the market, are positive.
Index heavyweight and cigarette major ITC rose 0.96% to Rs 325. The stock hit high of Rs 325.30 and low of Rs 322.40 so far during the day.
The CNX Nifty was up 13.65 points or 0.22% to 6,213.70. The index hit a high of 6,222.90 in intraday trade, its highest level since 24 January 2014. The index hit a low of 6,202.10 in intraday trade.