BSE Sensex and Nifty 50 settled higher on Friday, led by Reliance Industries which hit a fresh all-time high after it announced to become net debt-free firm. The 30-share Sensex jumped 523 points or 1.53 per cent to close the session at 34,732, while the broader Nifty 50 index advanced 153 points or 1.51 per cent to settle at 10,244. Along with RIL, index heavyweights such as ICICI Bank, HDFC Bank, Bajaj Finance, Axis Bank, Bharti Airtel and Maruti Suzuki were the top index contributors today.
Indian markets ignored the potential fallout of India-China tensions and rising number of virus infections to close well above its 100-DMA. The gains were led by Reliance Industries, which alone contributed half of the gains for Nifty.
Nifty Outlook: Nifty50 closed higher at 10244.40 level, +152.75 points, or +1.51 per cent. Today Nifty Support : 10180 and 10150 Resistance : 10300 and 10350.
