Indian equities traded sharply higher on Friday, with the Sensex and Nifty rebounding after four consecutive sessions of decline. The rally came on the back of a cooler-than-expected U.S. inflation reading, which revived global risk appetite and boosted hopes for interest rate cuts by the Federal Reserve in the year ahead.
This optimism was further fuelled by gains in Asian markets and other supportive cues, helping domestic indices recover ground. Against this backdrop, several stocks scaled fresh 52-week highs. Here is a look at seven such stocks that surged to new peaks amid this resilient market environment.