Domestic share markets started the week at record highs amid optimism around COVID-19 vaccines and additional stimulus in major economies to battle the pandemic. The S&P BSE Sensex index opened 180.73 points, or 0.38 per cent, higher at of 47,154.27, and the broader NSE Nifty 50 benchmark began the day at 13,815.15, up 65.90 points, or 0.48 per cent, from its previous close — both all-time highs. Gains across most sectors, led by financial shares, supported the upmove in the markets. (Also Read: Rangebound Trade, Volatility Likely In Markets As Year Comes To A Close, Say Analysts)
The markets took support from gains across Asian markets, with MSCI’s broadest index of Asia Pacific shares outside Japan trading 0.12 per cent higher at the last count.
Japan’s Nikkei 225 benchmark was up 0.61 per cent.
On Thursday, the Sensex had ended 529.36 points, or 1.14 per cent, higher at record 46,973.54 and the Nifty settled at 13,749.25, up 148.15 points, or 1.09 per cent, from its previous close. The markets remained closed the next day for Christmas holiday.