Stock Market Opens At Lifetime High: Sensex Jumps 124.14 Points To 41,798, Nifty At 12,272

Indian stock market has hit a new high on Friday. In early trade, equity benchmarks Sensex and Nifty were trading in green led by gains in index-heavyweights RIL, ICICI Bank and SBI amid uninterrupted foreign fund inflow. The 30-share BSE index was trading 102.51 points or 0.25 per cent higher at 41,776.43. It hit an intra-day high of 41,809.96. Similarly, after hitting an intra-day lifetime high of 12,284.65, the NSE Nifty was trading at 22.70 points or 0.19 per cent higher to 12,282.40.

According to a report of PTI, Yes Bank, SBI, ICICI Bank, Hero MotoCorp, Tata Motors, TCS, L&T, and Bajaj Finance were the top gainers in the Sensex pack. Whereas, Vedanta Kotak Bank, Tata Steel, HDFC Bank, and HUL were the top losers.

Bourses in Hong Kong, Shanghai and Seoul were trading on a positive note, while those in Tokyo were in the red. Brent futures, the global oil benchmark, rose 0.11 per cent to USD 66.61 per barrel. Meanwhile, on the currency front, the rupee depreciated 8 paise to 71.11 against the US dollar in the opening (morning) session.

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On Thursday i.e. in the previous session, the 30-share gauge settled 115.35 points, or 0.28 per cent, higher at its fresh closing record of 41,673.92. Similarly, the Nifty rose 38.05 points, or 0.31 per cent, to its new peak of 12,259.70. Benchmark indices on Wall Street ended higher on Thursday.

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