Sensex, Nifty hit fresh lifetime highs
The Hindu
Markets hit fresh lifetime highs on global rally, FII inflows. Sensex up 0.47%, Nifty 0.44%. Bharti Airtel biggest gainer; Asian Paints, HUL, Bajaj Finserv laggards
Sensex and Nifty darted up to fresh lifetime highs on Friday, propelled by a rally in global markets and fresh foreign capital inflows.
Besides, buying in telecom, auto and tech stocks also helped markets to settle with gains, traders said.
Rallying for the 11th day running, the 30-share BSE Sensex jumped 319.63 points or 0.47% to settle at a record closing of 67,838.63. During the day, it rallied 408.23 points or 0.60% to hit its fresh all-time intra-day high of 67,927.23.
The Nifty went up by 89.25 points or 0.44% to end at its all-time closing high of 20,192.35. During the day, it advanced 119.35 points or 0.59% to hit its lifetime intra-day peak of 20,222.45.
Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37%, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle.
Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.
In Asian markets, Seoul, Tokyo and Hong Kong ended with gains, while Shanghai settled lower.