<p>Mumbai, May 31, 2019</p>.<div>Optimism over Prime Minister Narendra Modi's new cabinet drove the markets near its peak on Friday led by IT, banking and financial companies.</div>.<div>At 9.54 a.m., the S&P BSE Sensex was trading 273.74 points or 0.69 per cent higher at 40,105.71. </div>.<div>The Nifty was 87.40 points or 0.73 per cent up at 12,033.30.</div>.<div>On Thursday, Foreign Institutional Investors (FIIs) bought shares worth Rs 1,664.74 crore and Domestic Institutional Investors (DIIs) sold scrips worth 1,122.60.</div>.<div>Besides, investors will take cues from the GDP data for the fourth quarter and the financial year 2018-19, scheduled to be released later on Friday.</div>.<div>IANS</div>.<p><span style="font-size: 14px;">(Our News Desk can be contacted at firstname.lastname@example.org)</span></p>. Did you like this story? .<a href="https://www.instamojo.com/netindian/support-netindian/">Make a donation</a>. and help us to serve you better.