Sensex soared to life-time high; Nifty scaled another record high in opening trade

Key highlights:

• Sensex on Friday soared to life-time high of 33,270.62
• Nifty scaled another record high of 10.366.15 in opening trade
• Consumer durables, power and pharma stocks led the gains, rising by up to 0.85%.

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade as the November derivatives series took off on a strong footing amid positive Asian cues.

Consumer durables, power and pharma stocks led the gains, rising by up to 0.85%.

The 30-share Sensex soared by 123.49 points, or 0.37%, to 33,270.62 points, breaching its previous record high (intra-day) of 33,196.17 hit yesterday.

Major gainers were Kotak Bank, Cipla, NTPC, Maruti, Tata Motors, Adani Ports, Sun Pharma and L&T.

The gauge had gained 764.20 points in the previous four straight sessions.

The 50-share Nifty also hit fresh high of 10,366.15 by climbing 22.35 points, or 0.21%. It also battered its previous record (intra-day) of 10,355.65 points reached yesterday.

Firming trend at other Asian bources, tracking overnight gains at the US markets, supported the sentiment.

Japan's Nikkei rose 0.94%, Hong Kong's Hang gained 0.97%, while China's Shanghai Composite Index rose 0.10 % in their early deals.

The US Dow Jones Industrial Average gained 0.31% in yesterday's trade.

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