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Friday, January 23, 2015

Indian stock markets ends a superb trading week | Indices at record high

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(23/1/2015 LiveBombayStockExchange) - Bullish run for Indian stock markets continued today as stock market momentum buildup till the Union Finance Budget continues. Benchmark stock indices including BSE's SENSEX and National Stock Exchange's NIFTY closed at
record high today.

Also read: Tips for effective long-term stock market investing

The National Stock Exchange's broader index Nifty50 ended at all-time closing high of 8,835.60, up 74.20 points. The index touched an all-time high of 8,866.40 pts during the day's trade. BSE's Midcap and Smallcaps ended the day in red . BSe's MIDCAP index declined by 0.14 percent and BSE's SmallCap index declined by 0.73 percent today.

The 30 omponent most watched blue-chip index BSE SENSEX 30 ended at all-time closing high of 29,278.84, up by 272.82 points today. Auto index at BSE looked most happy as it closed higher by 1.5 percent. Indian stock index SENSEX gained nearly 2000 pts this week. Another good news wrto Indian forex reserve is that RBI has mentioned that Indian forex reserves are up by 2.7 billion at 322 billion USD

Market breadth remained in red however with over 1800 loser at BSE today. Indian stock markets would remain close on coming Monday as nation celebrates Republic day with US president Barack Obama.

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