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.
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.