Business

Sensex And Nifty Reach New All-Time Highs In Early Trade

The benchmark equity indices Sensex and Nifty reached new all-time highs in early trade on Monday, coinciding with a surge in global markets.

In the early trading, the 30-share BSE Sensex surged 269.28 points to an all-time high of 75,679.67. The NSE Nifty advanced 86.1 points to hit a new lifetime high of 23,043.20.

Torrent Pharma, Divi’s Labs, Power Finance Corp, RECL, IRFC, Dabur India, Bosch, TCS, Adani Ports, and HDFC Bank were the top gainers.

Among the laggards were Adani Enterprises, Avenue Supermarts, ONGC, Eicher Motors, Coal India, Info Edge (India), Wipro, and Zomato.

In Asian markets, Singapore, Tokyo, South Korea, Thailand, Taiwan, Shanghai, and Hong Kong were trading higher, while Malaysia and Indonesia were trading lower.

US markets concluded with gains on Friday.

Brent crude gained 0.21 percent to USD 82.29 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 944.83 crore on Friday.

On Friday, the Sensex sank 7.65 points or 0.01 percent to 75,410.39, while the Nifty dipped 10.55 points or 0.05 percent to 22,957.10.

Also read: Israel Strikes Rafah Despite Order From Top UN Court To Stop Gaza Offensive

Spriha Rai

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