Mumbai: Domestic equities surged to new highs after India’s Q3 GDP saw an impressive growth rate of 8.4 per cent driven by robust manufacturing, highlighting the inherent strength and potential of the economy, Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services, said on Friday. The Sensex, which touched a fresh all-time high of 73,819.21 in intra-day trade, ended 1.72 per cent or 1,245.05 points higher at 73,745.35, while the Nifty closed at 22,338.75, up 355.95 points or 1.62 per cent. The rally was supported by metals, financials, banking, oil & gas, and auto stocks, Khemka said. Globally, investors were optimistic after US core PCE inflation edged lower to 2.8
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