In steady session of trade, domestic market logged strong gains led by buying demand in index heavyweights ITC, Reliance Industries and ICICI Bank. Key Indices saw a gap-up opening triggered by positive Asian stocks.Indices extended gains in mid-afternoon trade and hit fresh intraday high in late trade. The Sensex and the Nifty, both, scaled fresh record high in intraday trade. The Nifty 50 gained 111.05 points and settled the week at 11278.35. FMCG sector were the major gainer and PSU banks were the major losers of the day.
German industrial conglomerate Thyssenkrupp is planning to invest $150 to $250 million in a new U.S. headquarters for its elevators business. Australia stocks were higher after the close on Friday, as gains in the Energy, Utilities and IT sectors led shares higher. At the close in Sydney, the S&P/ASX 200 added 0.79% to hit a new 5-year high.
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