Mumbai, September 27: The market failed to cling to its early sharp gains, but maintained its forward march on the back of hectic foreign fund buying as the benchmark CNX Nifty ended higher by 17 points on the NSE today.
The 50-share index jumped to a high of 6,073.50 before closing at 6,035.65, up 17.35 points, or 0.29 per cent, over its last close.
Opening with a bang in line with firm global cues, the market surged on broad-based buying. However, the rise was short-lived on emergence of profit-booking ahead of futures and option (F&O) expiry for the current month.
However, sustained buying by foreign funds, who are fuelling the current rally, helped the market to maintain its uptrend till the end session.
Realty, steel and PSU counters was the flavour of the day, while banking and IT witnessed some profit taking.
–Agencies