Markets continued to rule firm for the second straight week on persistent buying mainly in FMCG and Metal counters following finalisation of GST rates for bulk of the items.
Private sector lender Kotak Mahindra Bank and Tata Motors DVR (Differential Voting Right Share) will be included in the BSE's benchmark Sensex from June 19.
Benchmark Sensex ended in the green at 30,464 in see-saw trade Friday as FMCG counters buzzed following finalisation of GST rates for bulk of the items.
FMCG stocks stepped into the limelight today, surging up to 7 percent, as common use products such as hair oil, soaps and toothpaste will cost less from July 1 when GST is due to set in.
Sentiment was also bolstered by the progress on the GST front, with the GST Council finalising rates for most goods.
The rupee made a tentative recovery of 16 paise at 64.68 against the dollar at the start of the session today after banks and exporters hit the sale button for the US currency.
Experiencing its worst day in about 10 months, the rupee on Thursday fell by a massive 69 paise to end at more than one-month low of 64.84 against the US dollar amid heightened global volatility.
Equities went into a tailspin on Thursday after a three-session surge, with benchmark Sensex plunging 224 points and Nifty closing below 9,500, as global markets were roiled by the latest crisis surrounding US President Donald Trump.
All sectoral indices flashed red, down by up to 1.19 percent, with realty, consumer durables, bank and auto registering much losses.
The rupee failed to maintain its strong initial gains and ended lower by 7 paise at 64.15, the second consecutive session fall against the US dollar due to sustained demand for the American currency from importers.
Shares of Tata Steel on Wednesday ended over 8 percent higher, adding Rs 3,531 crore to its market valuation, after the company's consolidated net loss narrowed to Rs 1,168.02 crore for the quarter ended March 31, 2017.
The NSE Nifty ended at 9,525.75, up 13.50 points or 0.14 percent, breaking its previous record closed of 9,512.25 hit in yesterday's trade.
Stocks showed signs of fatigue on Wednesday after two back-to-back record-setting sessions as the benchmark Sensex struggled to maintain its momentum, with investors shifting focus to taking profit.
Catching its breath after a spectacular three-day rally, the rupee surrendered some gains against the US currency and settled lower by 3 paise at 64.08 on fresh bouts of dollar demand.
The 30-share Sensex opened on a strong footing and zoomed to a new peak of 30,591.55, before winding up 260.48 points, or 0.86 percent higher at 30,582.60.
Shares of Punjab National Bank on Tuesday rose by 4.5 percent after the company reported a net profit of Rs 261.9 crore for the three months to March 2017.
The Sensex hit fresh all-time intra-day high of 30,579.23 while the Nifty crossed the 9,500-mark for the first time during afternoon trade on Tuesday.
Sensex hits fresh all-time intra-day high of 30,424 in opening trade
Backed by a booming stock market and increasing interest from retail investors, the assets under management (AUMs) of the mutual fund industry is likely to touch the magical mark of Rs 20 trillion next month.
Markets regulator Sebi has penalised Rushil Decor, Corporate Strategic Allianz and six others for disclosure lapses in their IPO documents.