Market at new peak: Sensex scales 55k, Nifty ends above 16,500
The Hindu
TCS was the top gainer in the Sensex pack.
Equity benchmark Sensex rallied 593 points to end above the 55,000-mark for the first time on Friday, propelled by gains in index heavyweights TCS, Reliance Industries and HDFC twins. The 30-share index rose 593.31 points or 1.08 % to its new all-time high of 55,437.29. It touched an intra-day record of 55,487.79. Similarly, the broader NSE Nifty breached the 16,500 level, advancing 164.70 points or 1.01 % to its fresh closing peak of 16,529.10. It surged to a record of 16,543.60 during the day.
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