Sensex closes at record high of 34153.85; Nifty reaches 10,558.85

Sensex, Nifty hit new record high on fund inflows. Photograph:( PTI )

Reuters Mumbai, Maharashtra, India Jan 05, 2018, 10.32 AM (IST)

Shares marked record closing highs on Friday, posting their fifth consecutive weekly gain, as financials and metal stocks rose tracking global markets on strong economic data.

The benchmark BSE Sensex closed up 0.54 percent at 34,153.85, while the broader NSE Nifty ended 0.51 percent higher at 10,558.85.

Both indexes gained nearly 0.3 percent on the week.