Sensex, Nifty trade at life-time highs, RIL, ITC advance

Both the key indices, Sensex and

Nifty, advanced to hit new life-time high levels in late

morning trade on strong gains in RIL, FMCG major ITC and

banking stocks.

The benchmark BSE Sensex resumed higher at 32,100.22 and

moved between all time high of 32,232.63 and a low of

32,058.33 in morning trade.

The 30-share index rose to 32,223.18 points, up 194.29

points, or 0.61 per cent at 1100 hrs.

The broader Nifty surged above 9,950 level to trade at

9,968.05, up by 52.08 points, or 0.53 per cent.

Buying in heavyweights of energy, FMCG, financials, IT

and consumer durable sectors lifted the key indices on better

than expected financial results, brokers said.

Among major gainers,, Reliance rose by 2.21 pct, Wipro

by 1.96 pct, ITC by 1.80 pct, ICICI Bank by 1.48 pct and NTPC

by 1.19 pct.

Foreign portfolio investors (FPIs) bought shares worth a

net Rs 12.90 crore last Friday, as per provisional data.

Domestic institutional investors (DIIs) also bought shares

worth a net Rs 147.66 crores.

Overseas, Asian markets witnessed a mixed trend. The

Nikkei Flash Japan Manufacturing Purchasing Managers' Index,

or PMI, dropped to an eight-month low of 52.2 in July from

52.4 in June.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)