Key benchmark indices ended at a record closing high on Friday as foreign investors continued to pile into domestically oriented blue-chips amid a slide in crude oil prices and data showing easing wholesale inflation. Hopes for easing inflation are also helping spur share gains. Data on Friday showed the wholesale price index rose an annual 1.77 percent last month, its slowest since September 2009. The broader Nifty also gained 0.38 percent to end at a record closing high of 8,389.90.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 33 advances to 17 declines.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 33 advances to 17 declines.
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