In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with gains. The US markets ended on a mixed note on Thursday.
Eraaya Lifespaces shares hit upper circuit on Friday as the company announced the successful completion of the payment of USD 151.577 million (~ Rs 1273.25 crore) for the acquisition of Ebix Inc. USA and its global subsidiaries. “This monumental acquisiƟon represents a significant leap forward, redefining the stature of all the stakeholders in the global scale. Ebix ushers in a transformaƟve new era, brimming with unparalleled energy and seƫng the stage for both Eraaya and Ebix to achieve unprecedented heights of growth and success,” said Dr Vikas Garg.
Equity benchmark indices Sensex and Nifty hit their new all-time high levels during early trade on Friday, amid the ongoing bullish rally in domestic stocks, tracking firm trends in Asian markets and fresh foreign fund inflows.
The 30-share BSE Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade. The NSE Nifty surged 105.7 points to hit a new record peak of 25,257.65.Among the 30 Sensex firms, Bajaj Finserv, HDFC Bank, Titan, Bajaj Finance, NTPC, Power Grid, Asian Paints and HCL Technologies were the biggest gainers.
Tata Motors and Sun Pharma were the laggards. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with gains. The US markets ended on a mixed note on Thursday.
Foreign Institutional Investors (FIIs) bought equities worth Rs 3,259.56 crore on Thursday, according to exchange data.
Domestic Institutional Investors also bought equities worth Rs 2,690.85 crore.
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