Indian markets made a new record high on Friday supported by strong domestic macroeconomic data. Prospects of a faster economic recovery after a mostly normal monsoon and gradual lifting of regional lockdowns also lifted investor sentiment. The BSE Sensex hit 55000 for first time ending at 55,437.29, up 593.31 points or 1.08%. The Nifty was at 16,529.10, up 164.70 points or 1.01%.
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