Reuters Market Eye - 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.
The Sensex rose as much as 0.81 percent to mark its all-time high at 25,604.33 while the Nifty rose 0.85 percent to 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 gains 1.9 percent while UltraTech Cement is up 2.6 percent.
(Reporting by Abhishek Vishnoi)
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