Mumbai: The Indian stock market reached new milestones on Friday morning. The BSE Sensex and the Nifty50 touched fresh record highs on the National Stock Exchange.
Equity benchmark Sensex jumped over 250 points and touched a record intra-day high of 52,578.07 in early trade, tracking gains in index-heavyweights Reliance Industries, Infosys and HDFC Bank amid a positive trend in global equities.
The 30-share BSE index was later trading 241.05 points or 0.46 per cent higher at 52,541.52 in initial deals. Similarly, the broader NSE Nifty advanced 72 points or 0.46 per cent to 15,809.75.
PowerGrid was the top gainer in the Sensex pack, rising around 2 per cent, followed by Reliance Industries, ONGC, HCL Tech, Sun Pharma, Infosys and HDFC twins.
On the other hand, Bajaj Finserv, HUL, Bajaj Finance, Titan and Tech Mahindra were the laggards.