Nifty scaled to lifetime highs. The domestic institutional investors (DIIs) were also net buyers and infused ₹1,938.57 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹9,870 crore of Indian equities, while they sold ₹9,575.31 crore --- resulting in an inflow of ₹294.69 crore.
Meanwhile, DIIs infused ₹6,943.14 crore and offloaded ₹6,993.94 crore, registering an outflow of ₹50.80 crore. Also Read: Top gainers, losers today: M&M, HCL Tech, Asian Paints, HUL among most active stocks; check full list On Friday, domestic equity benchmarks Sensex and Nifty climbed to fresh lifetime highs, propelled by a rally in global markets and renewed foreign capital inflows. Sensex closed at 67,838.63, up 320 points, or 0.47 per cent, while the Nifty settled at 20,192.35, rising 89 points, or 0.44 per cent.
Both indices ended at their fresh closing highs. The Sensex rose for the eleventh straight session, adding 4.64 per cent over the period, logging its longest series of daily gains since October 3, 2007. On the weekly front, the BSE benchmark jumped 1,239.72 points or 1.86 per cent, and the Nifty climbed 372.4 points or 1.87 per cent.
Besides, buying in telecom, auto and tech stocks also helped markets to settle with gains, said traders. Auto stocks climbed 1.58 per cent to a record high, powered by a 5.9 per cent jump in Bajaj Auto after BofA Global Research upgraded the stock to "buy" from "neutral". The high-weightage IT index rose 0.94 per cent, helped by rising expectations of a rate hike pause from the US Federal Reserve next week.
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