Public sector and auto stocks lead Nifty rally

PSUs and auto stocks led the run-up in the Nifty from the previous highs to the current one. The Nifty touched its lifetime high of 20,291.55 on Friday.

Its previous record was hit on September 15 at 20,222.45. In the past one-and-a-half-months, the Nifty Realty was the top gainer, which saw an upside of over 21%. Nifty India Defense gained almost 12%.

The rally was led by public sector stocks such as Bharat Petroleum, Coal India, NTPC and Power Finance Corporation, among others. Hero MotoCorp, Bajaj Auto, Eicher Motors and Tata Motors were the top gainers in the automobile sector. The Nifty Auto index gained 6.47% in the period.

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