Sensex Gains 466 Points On Firm Global Cues, Closes At Record Highs

The 30-share BSE Sensex gained 466 points or 0.74 points to settle at 63,384.58 while NSE Nifty soared 137 points to close at 18,826.00 on Friday amid positive global market trends and foreign fund inflows. Both the benchmark indices closed at record high levels in trade.

From the Sensex pack, HDFC Life, SBI Life Insurance, Dr Reddys Labs, Bajaj Finserv, and Titan Company emerged as the major gainers.

Shares of Wipro, BPCL, ONGC, TCS, and Bajaj Auto were the top laggards.

In Asian markets, Seoul, Shanghai and Hong Kong traded in the green, while Tokyo quoted lower.

The US markets ended significantly higher on Thursday. "FIIs turning net buyers to the tune of Rs 3,086 crore in yesterday's trade may aid sentiment," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, according to a PTI report.

Global oil benchmark Brent crude dipped 0.25 per cent to USD 75.49 a barrel. Foreign Institutional Investors (FIIs) bought equities worth Rs 3,085.51 crore on Thursday, according to exchange data, added the PTI report.

Earlier, Sensex had fallen 310.88 points or 0.49% to settle at 62,917.63 on Thursday. The Nifty fell 67.80 points or 0.36% to end at 18,688.10.