Mumbai: The BSE Sensex rose by 200.95 points to close at an all-time high of 32,633.64 as investor optimism climbed following encouraging comments from the International Monetary Fund chief.
At 10.30 AM: Sensex was up by over 181 points or 0.56% at 32,614.58 while the wider Nifty was up by over 59 points or 0.58% at 10,226.85.
It broke its previous record closing of 10,167.45, hit on October 13.
The Nifty has soared by 24 per cent and the BSE Sensex by 22 per cent so far this year.
Almost 130 stocks rose to a fresh 52-week high on the BSE, in the opening trade of the Diwali week. "Broad market indices like mid-cap in the NSE has closed marginally higher (up 0.21 per cent) and in the BSE closed on a flat note (up 0.04 per cent)", Deepak Jasani, Head - Retail Research, HDFC Securities, told IANS.
Domestic institutional investors (DIIs) bought shares worth a net Rs 1590.13 crore, as per provisional data. On the other hand, healthcare index was down 0.29 per cent, FMCG 0.25 per cent, capital goods and oil & gas 0.14 per cent each.
After the announcement of its quarterly result on Thursday, India's largest software exporter Tata Consultancy Services (TCS) saw its shares rise as much as 2.4 percent to Rs 2,608.95, their highest since June.
Major Sensex losers were: Dr. Reddy's Lab, down 1.18 per cent at Rs 2,351.90; Mahindra and Mahindra, down 0.95 per cent at Rs 1,326.40; Sun Pharma, down 0.87 per cent at Rs 534.70; ITC, down 0.43 per cent at Rs 265.85; and Maruti Suzuki, down 0.41 per cent at Rs 7,872.20.