Sensex at record high of 60,619.91

Mumbai, Oct 13: The BSE Sensex on Wednesday opened at a new life-time high of 60,619.91, advancing 325 points a day before weekly F&O expiry as buying was seen across the board.

The Nifty too rose by 114 points at 18,106.50.

The Indian stock market remained firm for the fourth straight session on Wednesday tracking mixed global cues as traders weighed the impact of elevated inflation on an economic recovery and looked ahead to earnings reports.

US markets were seen weak amid concerns on elevated commodity prices and other signs of inflation heading into the corporate earnings season.

The Sensex registered days high and low at 60,649.32 and 60,452.29 points, respectively.

The Nifty recorded days high and low at 18,128.70 and 18,050.75 points.

The Mid Cap rose by 1.01 per cent and Small Cap by 0.73 pc.

In 30 scrips, 23 advanced while 7 declined.

The gainers were M&M by 5.01 per cent to Rs 934.20, Powergrid by 2.43 per cent to Rs 198, Titan by 2.33 per cent to Rs 2,552.45, Tata Steel by 1.84 per cent to Rs 1,353.50 and Bajaj Finserv by 1.31 per cent to Rs 18,463.20.

The losers were Hind Unilever by 0.41 per cent to Rs 2,663.90, ITC by 0.23 per cent to Rs 240.75 and SBI by 0.23 per cent to Rs 482.