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Nifty hits 21k for 1st time, sensex nears 70,000
Friday, 8 December 2023
The sensex reached a new all-time peak, with Nifty crossing the 21K mark for the first time after RBI raised its GDP projection. Sensex closed at 69,826 points and Nifty closed at 20,969 points. Foreign funds recorded a net inflow of Rs 3,632 crore, while domestic funds were net sellers. Food inflation and the impact on FMCG stocks were discussed. HDFC Bank, Infosys, and ICICI Bank contributed to the gains, while ITC, Bajaj Finance, and M&M limited such gains. The US markets and Brent crude traded higher.
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