Sensex, Nifty hit record high: Top reasons for market surge

NEW DELHI: Equity indices surged to fresh all-time highs on Thursday tracking a firm trend in global markets.
Extending its rally to the third straight day, the 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak. During the day, it jumped 901.75 points or 1.46 per cent to its lifetime high of 62,412.33.
The broader NSE Nifty gained 216.85 points or 1.19 per cent to end at 18,484.10. During the day, it hit its 52-week high of 18,529.70, higher by 262.45 points or 1.43 per cent.
From the sensex pack, HCL Technologies, Infosys, Wipro, Power Grid, Tech Mahindra, Tata Consultancy Services, Hindustan Unilever, HDFC, HDFC Bank and Mahindra & Mahindra were among the major winners.
Bajaj Finserv, Tata Steel, Bajaj Finance and Kotak Mahindra Bank were the laggards.

Here are the top reasons for market gains:
* Positive global…

Source link



Please enter your comment!
Please enter your name here