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Indian market closes on record high on Friday

| | Dec 22, 2017, at 09:58 pm

Mumbai, Dec 22 (IBNS): The Indian market ended Friday on a record closing high, with BSE Sensex up 184.02 points at 33,940.30 and NSE Nifty up 52.70 points to 10,493.

Top gainers on Friday included ONGC, Bajaj Finance, Bajaj Auto, TCS, Infosys, Tata Power, Bharti Airtel and Hindalco while UltraTech Cement, Idea Cellular, Tata Steel, Hero Motocorp, Lupin, Dr Reddy's Labs and Coal India declined.

Meanwhile, according to moneycontrol.com, market regulator Securities and Exchange Board of India (SEBI) has begun searches on nearly 45 people in relation to a WhatsApp leak; in November, SEBI and exchanges have started looking into the trade details of over two dozen stocks as part of a probe into the alleged leak of key financial details of these companies through WhatsApp.

On a different note, Secretary Department of Financial Services (DFS), Union Ministry of Finance, Rajeev Kumar, tweeted on Friday, "No question of closing down any Bank. Govt is strengthening PSBs by 2.11 lakh Cr recapitalisation plan. Do not believe rumour mongers. Recap, Reforms roadmap for PSBs firmly on track."

Image: Wikimedia Commons

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