Nifty Reaches A Record High While Sensex Soars Above 1,400 Points

Benchmark equity indices were on fire on Friday, with the Nifty reaching an all-time high, fueled by a rebound in global markets and buying in Reliance Industries, Infosys, and ICICI Bank.

The Nifty surged 429.35 points the day after the interim budget was presented, reaching a lifetime high of 22,126.80.

The 30-share BSE Sensex advanced 1,444.1 points to 73,089.40. It is 338.19 points away from its lifetime high of 73,427.59.

Power Grid, NTPC, Infosys, Tata Consultancy Services, Tech Mahindra, Wipro, and Reliance Industries were the top gainers during the afternoon trading session.

Among the laggards were HDFC Bank, Hindustan Unilever, Axis Bank,
and Titan.

In Asian markets, Seoul and Tokyo were trading in the positive region, while Shanghai and Hong Kong were in the negative.

On Thursday, the US markets concluded with significant gains.

Brent crude gained 0.42 percent to USD 79.03 per barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,879.58 crore on Thursday.

On Thursday, the Sensex sank 106.81 points or 0.15 percent to 71,645.30 on the Budget day, while the Nifty lost 28.25 points or 0.13 percent to 21,697.45.

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