Sensex And Nifty Reached New All-Time Highs

The Sensex and Nifty equity benchmark indices soared to new all-time highs on Friday, powered by a rebound in global markets and fresh foreign capital inflows.

Moreover, traders stated that purchasing in the telecom, car, and technology sectors helped markets settle with gains.

The 30-share BSE Sensex rallied for the 11th day in a row, rising 319.63 points or 0.47 percent to a record closing of 67,838.63. During the day, it gained 408.23 points or 0.60 percent to reach a new intra-day high of 67,927.23.

The Nifty rose 89.25 points or 0.44 percent to close at its all-time closing high of 20,192.35. It gained 119.35 points or 0.59 percent during the day to reach its all-time intra-day high.

Bharti Airtel led the group with a 2.37 percent rise, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank, and Nestle.

Among the laggards were Asian Paints, Hindustan Unilever, Bajaj Finserv, and NTPC.

In Asian markets, Seoul, Tokyo, and Hong Kong finished up, while Shanghai finished lower.

European stocks were trading in the green.

Thursday’s US markets close was favorable.

According to the exchange data, Foreign Institutional Investors (FIIs) acquired securities worth Rs 294.69 crore on Thursday.

Brent crude increased by 0.26 percent to USD 93.94 per barrel.

The BSE index rose 52.01 points or 0.08 percent to 67,519 on Thursday. The Nifty gained 33.10 points or 0.16 percent to close at its all-time high of 20,103.10.

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