Buoyed by global cues, the benchmark indices rose on Friday, marking their tenth successive week of gains, the longest such streak since June 2009. The benchmark Sensex gained 689 points, or 1.43 per cent, reaching a fresh record of 48,782 points, and the Nifty rose by 210 points to end the session at a record 14,347.
Optimism surrounding the roll out of vaccines and hopes of more stimulus in the United States of America aided the rally. Investors seems to have been enthused by the roll out of Covid-19 vaccination drive in India and the formal confirmation of Joe Biden as