Similarly, the broader NSE Nifty surged 137.50 points or 0.96 per cent to finish at 14,484.75. It hit a fresh intra-day high of 14,498.20.
On the Sensex chart, HCL Tech was the top gainer, soaring around 6 per cent, followed by Infosys, HDFC, Bajaj Auto, Maruti,
On the other hand,
According to Binod Modi, Head-Strategy at
"Continued improvement in COVID-19 recovery rates and announcement of vaccination process from January 16 offered comfort to markets. Further, expectations of sharp recovery in corporate earnings led by sustained rebound in key economic data may propel market to witness fresh highs in the near term," he stated.
FPI flow may continue to remain favourable given status of global economy, stance of global central bankers and weak dollar, he said, adding that domestic equities can also witness pre-Budget rally in the coming weeks considering broad expectations of pro-growth measures.
Foreign portfolio investors (FPIs) were net buyers in the capital market as they purchased shares worth Rs 6,029.83 crore on Friday, according to exchange data.
Elsewhere in Asia, bourses in Hong Kong and Seoul ended with gains, while Shanghai was in the red.
Stock exchanges in Europe were trading on a negative note in early deals.
Meanwhile, the global oil benchmark Brent crude was trading 1.52 per cent lower at USD 55.14 per barrel.
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