Market run continues; Sensex ends at new high of 47,868, Nifty tops 14,000

Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M and SBI

The Sensex soared to record highs while the Nifty closed above the 14,000-mark for the first time on Friday, as markets continued their record run in the new year amid robust buying in IT, auto and FMCG stocks.

Extending its record-setting streak for the fifth day, Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime high of 47,868.98. This is the 8th consecutive day of gains for the barometer and it has climbed by around 5 per cent since December 22.

The broader Nifty closed at an all-time high of 14,018.50, showing gains of 36.75 points