The stock market had an increase on Friday. The US Federal Reserve’s decision to maintain interest rates steady on Thursday has been observed by the market. Sensex ended the morning session at its highest point ever. Let us inform you that the increase in shares was also aided by the steady entry of foreign funds into the stock market.

The BSE Sensex closed at a new high of 71,483.75, up 969.55 points, or 1.37%, on the final day of the week. Over the day, the Sensex reached an all-time intra-day high of 71,605.76, up 1,091.56 points, or 1.54%.

Nifty increased by 273.95 points, or 1.29%, at the same moment, finishing at a new closing level of 21,456.65. It reached a record intra-day top of 21,492.30 throughout the day, rising 309.6 points or 1.46%. Additionally, dealers noted that strong purchases of IT, tech, and metal companies combined with ongoing purchases by foreign investors supported domestic shares.

With a 5.58% increase, HCL Technologies led the group of Sensex gainers. Following this, the stocks of NTPC, Wipro, Tech Mahindra, Tata Steel, State Bank of India, and Tata Consultancy Services and Infosys finished higher. On the other hand, the biggest losers were the stocks of ITC, Bharti Airtel, Maruti, and Nestle.

The rupee started the week off with a narrow range versus the dollar. The rupee increased by 27 paise at the close of the market. In the interbank foreign exchange market, the rupee began trading at 83.30 versus the US dollar. The rupee began trading the day at 83.32, marking the day’s low, but it quickly recovered to reach an all-time high of 82.94. Ultimately, the rupee ended trading at 83.03, having gained 27 paise from its previous closing value of 83.30. The value of the rupee increased by 37 paise per week.