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Strong Q2 GDP numbers lift Nifty to life high of 20,268 points
![IndiaTimes]()
Saturday, 2 December 2023
The Nifty and sensex reached new all-time highs as domestic and global factors fueled the rally. The Nifty closed at 20,268, gaining 135 points, while the sensex settled at 67,481, adding 493 points. The above-estimate GDP growth in Q2 FY24 and strong manufacturing PMI numbers contributed to the domestic tailwinds. Sliding crude oil prices, US gilt yields, and net foreign fund flow in November also boosted market confidence. The market capitalisation of BSE reached Rs 342.5 lakh crore, equivalent to $4.1 trillion.
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Saturday, 2 December 2023
