Mumbai: The Indian capital market surged and touched a new high of 9061.31 points at mid-session on Friday on sizeable purchases in heavy-weight stocks by foreign and domestic funds.
The BSE's 30-share Sensitive Index (Sensex), which had set a record high of 9,057.97 on December 2, remained volatile in the last few sessions and had dipped below 8,800 points but regained strength after the Bombay High Court approved RIL's demerger scheme.
The second largest bourse, National Stock Exchange index Nifty also set a new record high at 2,754.00, recording a rise of 47.30 points.
The buying pressure, which was confined to blue-chip stocks at the outset, increased at the fag end covering almost all the segments.
Besides Reliance Industries, other supporters to the benchmark were Reliance Capital, Reliance Energy, Bhel, Bajaj Auto, Larsen and Toubro, Infosys Technologies, Tata Power, Tata Motors and State Bank of India.
Satyam Computers has rallied into the positive territory after a rather subdued display this morning.
Wipro has scored a gain of around a quarter per cent.
ITC, Cipla, HDFC Bank, ACC and Gujarat Ambuja Cements are seen moving around their previous closing prices.
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