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Nifty rallies for 12th day – its longest winning run ever

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MUMBAI: The sensex and Nifty hit a new high again on Friday on the back of positive remarks about the Indian economy from global ratings firms. The sentiment also got a boost from buying by India-focused funds after MSCI changed weights for some Indian stocks in their indices. At the day’s close, the sensex was up 231 points at 82,366 while Nifty added 86 points to close at 25,236.For Nifty, it was the 12th consecutive sessions of gains – the biggest unbroken run-up for the index since its launch about 30 years ago.



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