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Nifty scales record high; Bharti jumps after Tata deal

13 October, 2017

The Nifty touched a fresh high on Friday, after data showed inflation unexpectedly held steady in September, while Bharti Airtel surged on its deal to buy the Tata conglomerate’s consumer mobile business.

The NSE Nifty ended up 0.7% at 10,167.45, its highest close ever, after having hit a record high of 10,191.90 intraday. The index was up 1.81% for the week.

The benchmark BSE Sensex ended 0.78% higher at 32,432.69. It rose 1.94 percent for the week, its biggest such gain since the week ended July 14.

Bharti Airtel jumped 7.7%.

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Nifty scales record high; Bharti jumps after Tata deal

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