Nifty Crosses 10,900 Level For First Time


Broader NSE Nifty breached the 10,900 mark for the first time on Friday, with financial stocks leading the gains, as investors remained bullish after the government decided to cut tax rates on certain products and services.

The NSE index closed up 0.72 per cent at 10,894.70 and posted a weekly gain of 2 per cent.


The benchmark BSE Sensex ended 0.71 percent higher at 35,511.58, and rose 2.67 per cent this week.
Both indexes posted their seventh consecutive weekly gain and hit record closing highs for the third time this week.ndtv