Stocks gained nearly 1% on Friday, with the Nifty hitting fresh highs on improved prospects of economic recovery. Investors bet that the regional lockdowns will be relaxed soon as daily new covid infections declined.<\/p>\n\n\n\n
A rally in global equities also lifted Indian stocks as investors worldwide turned their focus to a multi-trillion-dollar spending boost proposed by US President Joe Biden.<\/p>\n\n\n\n
The National Stock Exchange\u2019s Nifty index reclaimed the record high mark after nearly three months. The 50-share index hit 15,469.65, surpassing the previous record of 15,431.75 on 16 February. The Nifty rose 97.80 points, or 0.64%, to close at 15,435.65. The BSE Sensex gained 307.66 points, or 0.60%, to close at 51,422.88.<\/p>\n","protected":false},"excerpt":{"rendered":"
Stocks gained nearly 1% on Friday, with the Nifty hitting fresh highs on improved prospects of economic recovery. Investors bet that the regional lockdowns will be relaxed soon as daily…<\/p>\n","protected":false},"author":1,"featured_media":591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11,7,9],"tags":[],"class_list":["post-590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-index","category-markets","category-stocks"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/devoutinvest.com\/wp-content\/uploads\/2021\/05\/nse-nifty-nifty-new-high-nifty-historic-high-nifty-lifetime-high-nifty-cross-10000-nifty.jpg?fit=652%2C450&ssl=1","jetpack-related-posts":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=590"}],"version-history":[{"count":1,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/590\/revisions"}],"predecessor-version":[{"id":592,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/590\/revisions\/592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/media\/591"}],"wp:attachment":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}