Sensex soars 493 points on positive macro data, while Nifty reaches a lifetime high

Nifty touched a historical high, while the Sensex soared 493 points to close at an 11-week high, supported by positive macroeconomic data and ongoing foreign investment inflows.

The 30-share BSE surged 492.75 points or 0.74 percent to 67,481.19, its best close since September 18. During the day, it jumped 575.89 points or 0.85 percent to 67,564.33.

The Nifty jumped 134.75 points or 0.67 percent to the all-time high of 20,267.90. During the day, the benchmark reached an intra-day high of 20,291.55, a gain of 158.4 points or 0.78 percent.

ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints, and Tata Steel were the top gainers on the Sensex.

Among the laggards were Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank, and HDFC Bank.

According to exchange data, Foreign Institutional Investors (FIIs) purchased securities worth Rs 8,147.85 crore on Thursday.

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

European markets were trading in the green.

On Thursday, US markets concluded mainly higher.

Brent crude lost 0.57 percent to USD 80.40 per barrel.

On Thursday, the BSE benchmark closed 86.53 points or 0.13 percent higher at 66,988.44. The Nifty advanced 36.55 points or 0.18 percent to 20,133.15.

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