Equity benchmark indices Sensex and Nifty soared nearly 1 per cent to hit new lifetime highs on Friday, fuelled by intense buying in IT and tech stocks after robust TCS earnings amid hopes of a rate cut by the US Federal Reserve.
The 30-share BSE Sensex jumped 622 points or 0.78 per cent to settle at a record closing level of 80,519.34. During the day, it zoomed 996.17 points or 1.24 per cent to hit an all-time high of 80,893.51.
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