Feat achieved after world-beating performance since August
FPIs on Friday bought shares worth nearly Rs 770 crore, taking their weekly buying tally close to the Rs 7,000 crore mark
The market heavyweight stock jumped 4.12 per cent to close at Rs 2,388.25 on the BSE.
Despite a 5,000-point surge by Sensex, overall market breadth was the worst since March 2020 when stocks had collapsed following the spread of the Covid-19 pandemic
The strong showing in August was supported by domestic investor inflows, say experts
The surge in August saw India's market cap top the Rs 250-trillion mark
Sensex up 8% in August, making India the best-performing major market globally
The broader NSE Nifty gained 68.30 points, or 0.41 per cent, to finish at a record 16,705.20
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with strong gains
Equity investors became richer by more than Rs 2.79 trillion spurred by the market rally that saw the 30-share Sensex closing at a record high on Tuesday
The BSE MidCap and SmallCap indices settled 1.5 per cent and 1.7 per cent higher, respectively
The latest positive global sentiment has helped the markets shrug off the underwhelming June quarter results, earnings downgrades, and the possibility of further downgrades
Wipro has highest average free float market cap of Rs 80,213 cr among non-Sensex components for 55% of the review period; Bajaj Auto has free float market cap of Rs 50,929 cr and is ranked 38th
In the June quarter of financial year 2021-22 (Q1FY22), the lender posted a profit of Rs 210 crore due to lower provisions
Sensex is up 3.7% this month, while mid-, small-cap indices are down 1.4% and 2.7%, respectively
India's key equity indices are expected to resume their northward trajectory during the upcoming week, experts opined.
The over 1,847-point jump this week has come on the aggressive buying for overseas investors and hopes of economic revival following improvement in high-frequency indicators
Nifty50 index closed above the 16,000 mark for the first time, ending the session at 16,123 with a gain of 238 points, or 1.55 per cent
The Sensex rallied 363.79 points or 0.69 per cent to finish at 52,950.63
Bajaj Finance was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Bajaj Finserv, SBI, Tata Steel, Titan, Asian Paints and Axis Bank