By Admin 
Stock Market News: On Friday, the last trading day of the week, tremendous strength was seen in the domestic stock market, where both the major indices closed at new highs due to strong buying in electricity, banking and metal stocks. Continuous buying by domestic institutional investors (DIIs) and positive signals from Asian markets strengthened the market sentiment. BSE’s 30-share Sensex closed at 85,762.01 with a rise of 573.41 points or 0.67 percent, while during trading it also rose by 623.67 points to reach the level of 85,812.27.
stock market boom
Whereas NSE’s Nifty closed at 26,328.55 points with a gain of 182 points or 0.70 percent and during the session it jumped by 193.45 points and touched its all-time high of 26,340.
Among Sensex companies, shares of NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank and Bharat Electronics recorded strong gains, while ITC, Kotak Mahindra Bank, Titan, Axis Bank and Bharti Airtel remained in the red. According to market data, foreign institutional investors made a net sale of shares worth Rs 3,268.60 crore on Thursday, while domestic institutional investors invested Rs 1,525.89 crore.
global market situation
In Asian markets, South Korea’s Kospi and Hong Kong’s Hang Seng indices closed strongly, while China’s Shanghai Composite and Japan’s Nikkei remained closed due to holidays. Positive trend was seen during trading in European markets too, while American markets remained closed due to New Year holiday. Meanwhile, global oil standard Brent crude fell by 0.36 percent to $ 60.63 per barrel.
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