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Sensex up 519 pts to new closing peak of 27,865

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.

business Updated: Nov 01, 2014 00:54 IST

Reuters
         

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.

The 30-share Sensex rose as much as 1.96% to an all-time high of 27,894.32, while the Nifty gained as much as 1.97% to mark a record high of 8,330.75, surpassing their previous highs hit on Thursday.

The benchmark BSE Sensex closed 1.9 higher at 27,865.83 while the broader Nifty ended up 1.87% at 8,322.20.

Larsen & Toubro surged 3.6%, while Housing Development Finance Corp rose 3.9%. Both the indexes also marked their eighth month of gains in nine.

First Published: Oct 31, 2014 10:13 IST

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