Nifty scales new peak, Bharti Airtel stocks surge
The Nifty touched a fresh high on Friday after data showed inflation unexpectedly held steady in September. Photograph: (Reuters)
The Nifty touched a fresh high on Friday after data showed inflation unexpectedly held steady in September, while Bharti Airtel surged on its deal to buy the Tata conglomerate's consumer mobile business.
The NSE Nifty ended up 0.7 per cent at 10,167.45, its highest close ever, after having hit a record high of 10,191.90 intraday. The index was up 1.81 per cent for the week.
The benchmark BSE Sensex ended 0.78 per cent higher at 32,432.69. It rose 1.94 per cent for the week, its biggest such gain since the week ended July 14.
Bharti Airtel jumped 7.7 per cent.