Sensex, Nifty scale new peaks, end at lifetime highs on sustained buying

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For the week, the NSE index added 1.2 percent, while the BSE index advanced 1.3 percent.

TCS shed 0.7 percent after posting muted growth in quarterly profit, while rival Infosys edged up 0.3 percent ahead of its quarterly earnings unveiled aftermarket hours.

TCS was down 1.16% at Rs 2,756.

The broader Nifty of the NSE was trading down by 27.55 points, or 0.26 per cent at 10,609.45.

At 3:30 pm: The Indian equity indices gained lost ground after falling following the Supreme Court judges press conference. The country's retail inflation rate likely rose to a 17-month high in December, a Reuters poll showed, suggesting pressure on the Reserve Bank of India to tighten monetary policy.

Vinod Nair, Head of Research, Geojit Financial Services, said: "The market reversed from intra-day low amid concerns over administration of the apex court which had resulted in a sentimental sell-off".

European stocks were little changed in early trade as the euro continued its ascent against the dollar to hit a three-year high amid signs that the European Central Bank may wind down its 2.55 trillion euro ($3.07 trillion) bond purchase scheme this year.

As per provisional data, domestic institutional investors had bought shares worth Rs 770.02 crore, while FIIs sold equities to the tune of Rs 623.63 crore yesterday.

Among the secondary indices, the S&P BSE Mid-Cap index rose 0.41%. Japan's Nikkei dipped 0.1 per cent.

Benchmark domestic indices opened higher today, hitting their lifetime high, tracking positive cues from global markets, and led by gains in metal and energy companies.

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