Mumbai: Pedestrians stroll previous the Bombay Stock Exchange (BSE) constructing, in Mumbai, Wednesday, June 28, 2023. Equity benchmark indices hit their lifetime highs with Sensex reaching the report 64,000 mark and Nifty scaling the 19,000 degree in intra-day commerce, as contemporary international fund inflows and a rally within the US and European markets bolstered investor sentiments. (PTI Photo)(PTI06_28_2023_000163A)
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With continued shopping for witnessed on the fairness markets, key benchmark indices additional surged on Tuesday creating new information.
The S&P BSE Sensex rose to a report of 65,479 factors, up 247 factors or 0.42%. The high gainers within the Sensex included Bajaj Finance (7.17%), Bajaj Finserv (5.76%), Tech Mahindra (2.39%), Sun Pharma (1.61%) and NTPC (1.54%).
The NSE Nifty-50 index too rose to a report of 19,389, up 66.45 factors or 0.34%.
“Indian equities ended higher amid positive global cues. Majority of sectoral indices ended in green. The rate pause decision by the Reserve Bank of India and US Federal Reserve, in view of declining inflation, [has] breathed new life into markets,” Mitul Shah, Head of Research at Reliance Securities stated.
“Investor interest was reclaimed by a revival of the monsoon and positive sentiment in global markets. In the coming week, data points on India’s manufacturing and services sector will be released that will provide further cues,” he stated.
