Strong start in stock market, Sensex at new high

The domestic stock market got off to a strong start on the last trading day of the week. During this, the Sensex and Nifty reached new peaks with strength. In early trade on Friday, the Sensex gained 265.46 (0.33%) points to reach a new peak of 79,483.72. On the other hand, the Nifty strengthened by 78.60 (0.33%) points to reach 24,123.10. During this, shares of Reliance and Bharti Airtel registered a gain of 2%.

Amid buying in different sectors and blue chip stocks, the Sensex and Nifty climbed for the fifth consecutive day on Friday to a new 52-week high. The Sensex climbed more than 250 points to cross the 79,500 level, while the Nifty also reached a new peak of 24,124.25 in the morning session.