Key Indian equity market indices open higher

It further stated that Asian indexes were cautiously higher in early Thursday trade, following a mixed close stateside as investors noted Snap's Dollars 2.2 billion loss, and monitored potential fallout on President Donald Trump's policies after FBI Director James Comey was sacked.

On similar lines, the NSE Nifty, after hitting an all- time high of 9,414.75, settled higher by 90.45 points, or 0.97 per cent at 9,407.30.

Both the indices also closed at record highs, with the Nifty ending the day at 9,422.40 points while Sensex ending at 30,366.43 points.

The Sensex has so far touched a high of 29,948.74 points and a low of 29,915.12 points during the day's trade.

During the day, the broader NSE index rose as much as 1.05% or 98 points to a record high of 9,415, surpassing its previous milestone of 9,377.

According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the equity benchmark indices traded with firm sentiments throughout the session tracking positive global cues and appreciation of the rupee against the U.S. dollar.

All the major stocks of the index are trading in green.

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"The focus has been on the corporate results season, which has done quite well so far", said Vinod Nair, Head of Research, Geojit Financial Services Ltd.

In investments, provisional data with the exchanges showed that FIIs purchased stocks worth Rs 893.36 crore, while domestic institutional investors (DIIs) divested scrip worth Rs 229.73 crore.

On Friday, the benchmark indices closed in the red due to profit booking. "Banking stocks resumed the firmness on strong buying support", Desai told IANS.

Lupin surged the most by climbing 2.32 per cent, followed by Bharti Airtel (1.91 per cent) ahead of its quarterly earnings tomorrow.

However, power fell 1.22 percent, utilities 1.03 percent, oil&gas 0.93 percent, energy 0.63 percent and capital goods 0.51 percent.

The S&P BSE Metal Index is the top gaining index in the morning hours. Key indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan rose up to 1.16 percent.

The benchmark BSE Sensex gained as much as 0.91 per cent to 30,207.13, its highest ever.

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