Indian share markets recorded a surge in the final minutes of trade to register yet another record high and end the shortened week with healthy gains. Nifty settled up by 125 points or 0.95 percent at 13258 points, while Sensex also settled higher by 1 percent at 45079. The indices closed higher for the fifth straight week, their longest run of weekly gains since July this year.

The biggest gainers today are Hindalco, UltraTech Cement, ICICI Bank, Adani Ports and Sun Pharma. While losers are Reliance, Bajaj Finserv, HDFC Life, Tata Motors.  The Nifty Bank gained 300 points in the final hour of trade. The index crossed the mark of 30,000 to end 600 points higher at 30,052. The index is now 130 points away from its February high of 30,187. The PSU Bank index, which was a laggard for the most part of the trading day, ended with gains of 1.5 percent.

Nifty FMCG index, which gained 1.4percent, Nifty Metal, Nifty Pharma and Nifty Realty, which saw gains of over 1percent each. Broader markets were subdued in today's session. Both Nifty Midcap and Nifty Smallcap underperformed the benchmarks, ending with gains of 0.3 percent each.

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