 |
| Nifty Edged Higher |
The Nifty began the new series on a positive note and
touched psychological 6,307.65 level as foreign institutional investors remained
buyers across the board. The CNX Nifty was up 28.20 points or 0.45% to
6,307.10. The index hit a high of 6,307.65 in intraday trade. The index hit a
low of 6,289.40 in intraday trade.
The market breadth, indicating the overall health of
the market, was strong. On BSE, 749 shares gained and 226 shares fell. A total
of 28 shares were unchanged.
Bank stocks edged higher in early trade. AXIS Bank
extended Thursday's gains triggered by the government's decision to clear a
proposal of the bank for increase in foreign investment ceiling in the bank to
62% from 49%.
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