Sensex, Nifty Close At Record Highs Led By Gains In IT, Metal Stocks

The markets have been rising to record highs on the back of hopes of faster economic revival as pace of new Covid-19 infections continue to decline.

The Indian equity benchmarks surged to record highs on Friday paced by gains in information technology and metal shares. The benchmarks opened higher wherein the Sensex rose as much as 341 points to hit record high of 52,641.53 and Nifty 50 index touched an all-time high of 15,835.55. The markets have been rising to record highs on the back of hopes of faster economic revival as pace of new Covid-19 infections continue to decline, analysts said. The Sensex ended 174 points or 0.33 per cent higher to close at all-time high of 52,474.76 and Nifty 50 index advanced 62 points to close at record high of 15,799.35.