Sensex and Nifty close at record highs driven by buying across sectors

MUMBAI: Benchmark equity indices closed the final trading session of the week at record highs, driven by strong buying across various sectors.

The BSE Sensex rose by 231.16 points, or 0.28 per cent, to close at 82,365.77, after reaching a new all-time high of 82,637.03 during intraday trading.

Similarly, the Nifty50 followed suit, ending the day at 25,235.90, up 83.95 points or 0.33 per cent. The index also set a new intraday high of 25,268.35 on Friday.

The session favored the bulls, with 41 out of the 50 Nifty50 constituent stocks posting gains.

Top gainers

Cipla, Bajaj Finance, Mahindra & Mahindra, Divis Labs, and NTPC were among the top performers, with gains of up to 2.23 per cent.

On the BSE, 21 out of 30 Sensex-listed stocks closed in the green, led by Bajaj Finance, Mahindra & Mahindra, Bharti Airtel, and NTPC.

Broader markets also ended on a positive note, with the Nifty Midcap 100 and Nifty Smallcap 100 indices breaking a two-session losing streak by gaining 0.68 per cent and 0.48 per cent, respectively.

Sector-wise, Nifty IT and Pharma indices reached record highs, closing with gains of 0.46 per cent and 1.48 per cent, respectively.

Additionally, the Bank Nifty, Nifty PSU Bank, and Nifty Auto indices continued their upward momentum for the second straight session. The Nifty Realty index also snapped its two-session losing streak, rising by 1.83 per cent, led by gains in Prestige, Phoenix Mills, and Oberoi Realty.