REUTERS - The BSE Sensex and Nifty hit a record high for the second consecutive session as blue-chips rise on continued hopes of wide-ranging reforms by the new Modi government.
As of 11:37 a.m., the Sensex was trading over 200 points higher. Earlier the benchmark hit its all-time high at 25,625.72. The Nifty was 1 percent higher and hit a life high of 7,648.25.
Overseas investors bought shares worth 12.83 billion rupees on Friday, provisional exchange data shows.
Gains also track higher Asian stocks following record close on Wall Street after bright U.S. jobs data pointed to improving economic momentum.
Larsen & Toubro
