Chennai, June 18 : A combination of factors -- better corporate Q4 results in FY23, return of the foreign institutional investors (FII), Indias improving macroeconomic data, being the brightest among the emerging market and small investors not wanting to be left out and coming into the market -- have together taken the country's stock markets on a record high, said experts.

The Nifty of the NSE on Friday opened at 18,723.30 and touched a high of 18,864.70. The 52-week high point was 18,887.60.

Similarly, the Sensex of BSE opened at 62,960.73, touched a high of 63,520.36 and closed at 62,917.63 points. The highest level was 63,583.07 points.