Stock Market Update: Nifty and Sensex Reach New Heights in Breaking News
Stock Market Update: Indices Surge to New All-Time Highs
Domestic equity indices Sensex and Nifty have scaled remarkable record high levels in early trading on Monday, fueled by strong foreign fund inflows and an uptrend in Asian markets.
Market Highlights
- The 30-share BSE Sensex jumped 318.58 points to achieve an all-time high of 84,862.89.
- The NSE Nifty surged 120.75 points, reaching a record high of 25,911.70.
- Mahindra & Mahindra, Bharti Airtel, NTPC, and others emerged as significant gainers from 30 Sensex firms.
- Foreign Institutional Investors bought equities worth Rs 14,064.05 crore on Friday.
Global Factors Influencing Markets
Analysis shows the strengths of global market trends, with Asian markets tracking higher. The US markets exhibited a mixed response on Friday. Notably, global oil benchmark Brent crude climbed 0.75% to USD 75.05 a barrel.
Rupee Performance
The rupee appreciated by 6 paise, trading at 83.46 against the US dollar in early trade on Monday, indicating a robust performance influenced by foreign fund inflows.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.