Key indices on Monday touched lifetime high in opening trade on huge profits in IT and banking shares. The 30-share Sensex soared by 178 points, or 0.52 per cent, to 34,331.85 points, breaching its previous record high (intra-day) of 34,188.85 hit on January 5. At 10:00 AM, Sensex was up by 195.96 to trade at 34,354.43 points while Nifty was trading up by 10,615.30. At 588.07 the index is within spitting distance of the record top of 591.50 hit in November 2007. On Friday, the rupee ended at a 32-month high of 63.37, up 4 paise on steady unwinding of the American currency by exporters.

Source: dna January 08, 2018 04:59 UTC