Sensex crosses 55,000 after strong gains, Nifty tops 16,430
Indian shares hit a record high on Friday, with banking and financial stocks leading gains, as the country’s retail inflation eased on improved supplies and government assured support to tide over economic strain caused by the pandemic. By 9:19 am, the blue-chip NSE Nifty 50 index was up 0.35% at 16,427 and the…