Indian stocks yet again surge to record highs; inflation data, Budget now in focus

New Delhi [India], July 12 (ANI): Indian stock indices moved higher as the Friday session progressed and in the process touched a fresh high, triggered by the latest moderation in US inflation, better-than-expected TCS results, and lack of negative market fundamentals.

Sensex closed over 600 points or 0.8 per cent higher at 80,519 points, whereas Nifty closed 186 points or 0.8 per cent higher at 24,502 points. Sectoral in