Indian equity benchmarks hit all-time highs on Friday, and logged weekly gains, led by gains in information technology (IT) companies after market leaders TCS and Infosys posted quarterly reports that alleviated concerns about weak demand.

Dear Trader… Market ended a 2-week long consolidation phase on Friday and gained over a percent. Buoyancy in the IT heavyweights triggered a firm start, which further strengthened with buying in heavyweights across sectors. Consequently, the Nifty future index settled around the day’s high at 21,968.95; up by 1.34%. Apart