Nifty touches 52 weeks high, telecom, ifra sectors gain India News and Travel Times Provides India-centric and other News and Features

The Nifty of the National Stock Exchange (NSE) touched a 52-week high of 4743.75 on Monday following early trends of good purchasing in all Asian markets. Earlier, during the intra-day the Nifty registered the high of 4737.20 and low of 4679.30. Indian markets were well-poised Monday taking cues from the positive global markets as all the sectoral indices were up, led by gains in realty, metals and auto stocks. According to the market analysers, the US markets closed up and other Asian markets are positive. Asian stocks rose for a third day, led by finance and technology companies, as the G-20 nations agreed on steps to shore up the global financial system. The Sensex of the Bombay Stock Exchange (BSE) was at 15862.98, up 173.86 points the 30-share index touched a high of 15877.12 and low of 15793.27. Amongst the sectoral indices, BSE Realty Index was up 2.13 per cent, BSE Metal Index moved up 1.60 per cent and BSE Auto Index gained 1.30 per cent. BPCL 6.28 percent, Reliance Communications 3.36% percent, TCS 2.56 percent, Tata Motors 2.30 percent and Reliance Capital 2.20 percent were amongst the Nifty gainers.