Indian equities, fuelled by strong industrial growth, a dip in inflation rate and strong results for the second quarter ended on September 30, helped the key index report its highest ever close during the trading week ended on Friday.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 13,282.91, up 145.42 points or 1.11 percent above last Friday's close of 13,137.49 points.
Apart from the highest closing level, the barometer index also scaled the highest-ever intra-day level.
Earlier, the intra-day peak for the key index was 13,137.49 points on November 9. The market opened on Friday 13,187.51 points, peaked at 13,303.85 points in the intra-day trading and then fell to a low of 13,104.98 points before closing at 13,282.91 points.
Among the Sensex shares, the rally was led by ICICI Bank, up 4.8 percent at Rs 831.855, followed by BHEL, up 3.03 percent at Rs 2,456.15, and HDFC Bank, up 2.65 percent at Rs 1,044.20.
Cipla led the losers, down 1.22 percent at Rs 267.95, followed by Satyam Computers, down 0.89 percent at Rs 424.15, and ITC Ltd, down 0.56 percent at Rs 186.
{{/usCountry}}Cipla led the losers, down 1.22 percent at Rs 267.95, followed by Satyam Computers, down 0.89 percent at Rs 424.15, and ITC Ltd, down 0.56 percent at Rs 186.
{{/usCountry}}Index heavyweights Reliance Industries, L&T, Tata Motors, Gujarat Ambuja Cement and Dr Reddy's Laboratories also made substantial gains.
Gujarat Ambuja Cement was up 2.63 percent at Rs.134.50, followed by L&T, up 2.02 percent at Rs 1337.15, Dr Reddy's Laboratories, up 2.02 percent at Rs 788.95, and Reliance, up 1.97 percent at Rs 1,286.25.