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Wednesday, August 18, 2010

Nifty hits 5500; FMCG, metals, capital goods up

People look at a large screen displaying India's Finance Minister Pranab Mukherjee announcing the federal budget on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 26, 2010. REUTERS/Arko Datta/FilesMUMBAI: Indian markets moved higher Thursday taking cues from the positive Asian peers. FMCG, metals and capital goods led the rally while realty and IT scrips edged lower. 

National Stock Exchange’s Nifty hit 5500 mark for the first time since February 2008. The index was at 5499.15 up 20 points or 0.37 per cent. It hit high of 5505.85 and low of 5478.10 in early trade. 

Bombay Stock Exchange’s Sensex was at 18326.05, up 68.93 points or 0.38 per cent. The 30-share index touched intraday high of 18350.73 and low of 18276.50. 
BSE Midcap Index was up 0.50 per cent and BSE  Smallcap Index moved 0.68 per cent higher.                     

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