TCS, Infy power Sensex 300 points higher; Nifty above 24,400

Indian benchmark equities hit a fresh all-time high on Friday, driven by IT stocks after heavyweight Tata Consultancy Services (TCS) surpassed revenue estimates for the June quarter.

The BSE Sensex was trading over 900 points higher at 80,797. The Nifty50 was up 236 points, surpassing the 24,550 level for the first time.