The Nifty and Sensex ended at new life-time peaks on robust buying by domestic institutional investors amid positive global signals. The NSE Nifty-50 Index closed at 10,681.25, up 30.05 points while the BSE Sensex jumped 88.90 points to a record closing high of 34,592.39. Both Sensex and Nifty hit fresh 52-week highs of 10,690 and 34,638, respectively.
Shares of Zee Entertainment, ICICI Bank, Bharti Infratel, Vedanta Limited, Maruti Suzuki and HPCL stood as the top gainers in the Nifty50 index on Friday. However, shares of Lupin, United Phosphorus, Bharti Airtel, Ambuja Cements, Bosch and Aurobindo Pharma remained the top laggards of the day.
Shares of Reliance Industries gained after media reported that the company’s telecom arm Reliance Jio Infocomm was planning to create its own crypto-currency, JioCoin.
Nifty Media, Nifty metal, nifty bank and auto indices closed Friday’s session in positive territory. Overall 146 stocks hit fresh 52-week highs, while 4 stocks that hit fresh 52-week lows on NSE on Friday.
Out of the 50 stocks in the Nifty50 index, 22 stocks closed the day in the green, while the remaining 28 settled in the red.
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