Sensex Nifty touch new high Infosys Kotak Mahindra Bank in focus today
According to market observers, optimism over the ongoing corporate earnings season, along with positive global cues and buying support from oil and gas, banking and capital goods stocks, helped the key indices to recoup the losses.
The BSE Sensex gained 88.90 points to end at 34,592.39, while the broader NSE Nifty finished at 10,681.25, up 30.05 points.
During early morning trade, the Sensex - which opened at a fresh high of 34,578.99 points - scaled a fresh intra-day high of 34,638.42 points.
The broader NSE index was up 0.27 percent at 10,679.55 as of 0630 GMT, after rising as much as 0.37 percent to a record 10,690.25.
Notable losers were TCS 1.27 per cent, Bharti Airtel 0.82 per cent and Wipro 0.45 per cent. During the week, the Sensex gained 438.54 points, or 1.28 per cent, while the Nifty rose 122.40 points, or 1.15 per cent.
TCS shares fell 2 per cent intraday after the company had yesterday reported 3.6 per cent fall in net profit for the December quarter. In an unprecedented move, Justice Chelameswar and three other senior judges today held a press conference on various issues relating to the apex court judiciary. The indexes hit record closing levels four times this week.
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