Sharp IT stocks rally lifts markets to new lifetime high; Sensex soars nearly 850 pts

New Delhi, 12/1: Benchmark equity indices Sensex and Nifty surged over 1 per cent to hit their fresh all-time highs on Friday, driven by a stellar rally in IT stocks after TCS and Infosys reported better-than-expected financial results.

The 30-share BSE Sensex zoomed 847.27 points or 1.18 per cent to settle at a new closing high of 72,568.45. During the day, it jumped 999.78 points or 1.39 per cent to reach a new intra-day record of 72,720.96.

 

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