Stock Market Today: Nifty, Sensex End Eventful Week At Fresh Records; RIL, HDFC Bank Rise

• The local currency weakened 2 paise to close at 83.56 against the U.S dollar.

• It closed at 83.54 on Thursday.

Source: Bloomberg

Indian benchmark indices ended at fresh closing high in the last session of the eventful week, tracking sharp gains in shares of HDFC Bank Ltd., Reliance Industries Ltd.

During the last leg of the trade, the NSE Nifty 50 rose 0.39% to 23,490.05 the highest level since the index's inception on April 22, 1996.

The Sensex rose 0.35% to 77,081.30, the highest closing level so far. However, the index didn't record a fresh life-time high like its peer.

The benchmarks rose for second week in a row. The NSE Nifty 50 rose 0.75% and the S&P BSE Sensex rose 0.39% this week.

HDFC Bank Ltd., Reliance Industries Ltd., Mahindra & Mahindra Ltd., Titan Co., and Axis Bank Ltd. added to the benchmark indices.

Tata Consultancy Services Ltd., Larsen & Toubro Ltd., Infosys Ltd., State Bank of India, and HCL Technologies Ltd. weighed on the benchmark index.

This week, 10 sectors advanced, and two declined out of 12 on NSE. The NSE Nifty Realty turned out to be the best performing sector, while the NSE Nifty IT emerged as the top loser.

Broader indices outperformed. S&P BSE Midcap ended 1.18% higher and the S&P BSE Smallcap rose 1.03%.

Broader indices outperformed. S&P BSE Midcap ended 1.18% higher and the S&P BSE Smallcap rose 1.03%.

Market breadth was skewed in the favour of buyers. As many as 2,245 stocks rose, 1,622 fell, and 113 remained unchanged on the BSE.

• Minda Corp Ltd. has signed a joint venture agreement with HSIN Chong Machinery works for manufacturing automotive sunroof solutions for passenger cars.

• The 50-50 JV is to be operational through incorporation of new JV entity.

Source: Exchange filing

• EIH Associated Hotels's board recommended bonus shares in the ratio of 1:1.

Source: Exchange filing