Analysts said institutional participation would be lower in the coming week due to the festive week.
While 222 stocks hit their 52-week highs, 337 were locked in the upper circuit on the BSE. Market breadth was positive, with 1,671 stocks advancing and 1,278 declining on the BSE.
Two-thirds of Sensex components ended the session with gains. Axis Bank was the worst-performing Sensex stock, closing with 3.04 per cent gains. Sun Pharma, ONGC, RIL, HDFC, and Kotak Mahindra Bank ended the session with more than 2 per cent gains.
Kospi rallies on vaccine deals
South Korean shares hit a record high on Thursday, leading gains for most emerging Asian stock markets
in holiday-thinned trading after the country secured deals to import Covid vaccines.
Most of the region’s emerging currencies also firmed against a softer dollar. Deals with Pfizer and Johnson & Johnson’s Janssen fuelled a near-2 per cent rise in the Kospi, adding an eighth straight week of gains, while the won firmed half a per cent. Stocks and currencies across Asia’s emerging markets
are set to end the year on a positive note, having recovered much of the losses suffered earlier in the year on the back of an upturn in China and a flood of fiscal and monetary stimulus. Reuters
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