Early Trade Saw Sensex And Nifty Reach All-time Highs

Benchmark equity indices began the new fiscal year on a positive note on Monday, with the Sensex and Nifty touching all-time highs on strong trends in Asian markets and foreign capital inflows.

The 30-share BSE Sensex rose 556.98 points to 74,208.33 in early trade, continuing its winning streak for the third day in a row. The NSE Nifty advanced 192.1 points to 22,519.

Later, the BSE Sensex achieved an all-time high of 74,254.62, while the NSE Nifty recorded a lifetime high of 22,529.95.

JSW Steel, Tata Steel, Kotak Mahindra Bank, HDFC Bank, Tata Motors, and Larsen & Toubro were the Sensex’s top gainers.

In Asian markets, Seoul and Shanghai were up, while Tokyo was down.

Wall Street closed on a mixed note on Thursday.

Brent crude gained 0.37 percent to USD 87.32 a barrel.

Equity markets were closed on Good Friday.

According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 188.31 crore on Thursday.

On Thursday, the BSE benchmark surged 655.04 points, or 0.90 percent, to 73,651.35, while the NSE Nifty soared 203.25 points, or 0.92 percent, to 22,326.90.

In the fiscal year 2023-24, the BSE benchmark grew 14,659.83 points or 24.85 percent, while the Nifty went up 4,967.15 points or 28.61 percent.

Also read: Israel Prime Minister Office: Benjamin Netanyahu’s Hernia Surgery Successful