The Indian market scaled new highs in the week ended November 25, as investors cheered suggestions of the US Federal Reserve slowing rate hike pace, a fall in crude oil prices, a weak dollar and buying by foreign investors.
For the week, the 30-pack BSE Sensex rose 630.16 points, or 1 percent, to end at 62,293.64, while the broader Nifty added 205.15 points, or 1.12 percent, to close at 18,512.80 levels.
During the week, the Sensex and the Bank Nifty also touched all-time highs, while the Nifty is just shy of its life high.
On the sectoral front, the Nifty media index rose 5.4 percent, PSU bank index added 5 percent and oil & gas and information technology 2.5 percent each. The Nifty realty index, however, shed nearly a percent.