India’s benchmark Nifty 50 index hit an all-time high for the fifth time this year on Friday, lifted by gains in Reliance and information technology (IT) stocks, and as the government’s fiscal prudence in its budget also boosted sentiment.

Dear Trader… Nifty opened the day with an upside gap of 112 points, as the market showed sharp further up move in the early-mid part of the session. A new all-time high was registered at 22,126 levels and that triggered market slip into intra-day weakness from the new highs in