The benchmark S&P BSE Sensex logged an all-time record high of 21,751 in morning trade on Friday on heavy buying spree by funds and retail investors amid upbeat domestic sentiment coupled with firm Asian cues.

All-round hectic buying was seen led mainly by realty, power, oil & gas, metal and banking counters.

Strong FII buying and optimism over political front after general election and improving macro scenario bolstering the investors sentiment.

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,272.93 crore on Thursday, as per provisional data from the stock exchanges.

The 30-share index Sensex resumed higher at 21,539.44 and surged further to new all-time high of 21,752.26 before quoting at 21,751.67 at 1015 hours, showing a sharp gain of 237.80 points, or 1.11 per cent from its last close.

Nifty breaches 6,500-mark

The NSE index Nifty hit psychological 6,500-level for the first time ever in late morning trade on sustained foreign capital inflows following positive domestic and global cues.

The 50-issue Nifty of NSE crossed 6,500 level by soaring 105 points, or 1.64 per cent, to trade at an all-time high of 6,506.15.

A flurry of buying by foreign and retail investors in banking and other bluechip stocks on improving economic fundamentals and narrowing CAD figures in the third quarter of 2013-14 helped the Nifty to trade above 6,500 mark, brokers said.

Major gainers were — L&T 5.62 pct, ICICI Bank 4.00. SBI 3.85 pct, Bharti Airtel 3.52 pct, BHEL 2.84 pct and RIL 2.19 pct.

Asian shares rose early on Friday, as investors looked towards the U.S. non-farm payrolls report later for confirmation of US employment data.

Key benchmark indices in Singapore, Japan, South Korea, Indonesia, and Taiwan were up 0.01 to 0.56 per cent, while key benchmark indices in China and Hong Kong fell 0.02 to 0.28 per cent.

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