Stock Market Updates: Nifty Hits Record High, Sensex Zooms 300 pts; Delta Corp Jumps 8% – News18

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Stock Market Updates: Nifty Hits Record High, Sensex Zooms 300 pts; Delta Corp Jumps 8% – News18


Last Updated: December 01, 2023, 09:36 IST

Sensex Today: A strong 7.6 per cent GDP development price for the September quarter (Q2FY24), increased-than-expectations, lifted equities in early hours on Friday. The S&P BSE Sensex superior 278 factors, or 0.42 per cent, to cite at 67,267 ranges.

The Nifty50, in the meantime, hit document excessive of 20,225, up 86 factors or 0.39 per cent, aided by NTPC, Apollo Hospitals, Ultratech Cement, IndusInd Bank, Asian Paints, Adani Ports, L&T, Grasim, and LTIMindtree.

In the broader markets, the BSE MidCap index hit a brand new document excessive of 34,481.7, ruling 0.64 per cent increased. The BSE SmallCap index, too, was up 0.8 per cent.

Among sectors, all of the indices had been buying and selling with agency features led by the Nifty Realty up 1.7 per cent, adopted by the Nifty Metal, and Media indices (up 0.8 per cent every).

Global Cues

Asian sharemarkets began the final month of the yr on a cautious notice after current sturdy features, although rising expectations Europe and the US are poised to chop charges ought to assist ease stress on native currencies and central banks.

The Dow Jones Industrial Average closed at its highest stage since January 2022 as traders crossed the end line of a banner month for shares and seen cooling inflation knowledge as a harbinger of easing Federal Reserve financial coverage.

Oil costs fell in early Asian commerce on Friday, prolonged losses after OPEC+ producers agreed to voluntary oil output cuts for the primary quarter subsequent yr that fell in need of market expectations.



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