Equity markets in India are looking to end the week on a high capping what has been a stellar run both for the benchmark indices as well as for the broader markets. The Nifty 50 has gained for six of the last 10 sessions and hit a new all-time high in trade, breaching the 15,800 mark. A large part of the strength for the benchmark indices came from the strong 2% gain by Reliance Industries. Coal India was the top gainer on the nifty, up over 4 percent. In fact, as many as 14 stocks on the Nifty 50 hit their 52-week highs during the session. Among the sectoral indices, IT and metals stood out as the top performers, while media, FMCG and realty lagged. Broader markets continued to outperform the benchmarks.
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