Equity benchmark indices scaled fresh lifetime high levels on Wednesday led by heavy buying in IT, auto and public sector bank stocks.
The BSE SandP Sensex closed 394 points or 0.8 per cent higher at 49,792 while the Nifty 50 advanced by 124 points or 0.85 per cent to 14,645.
Except for Nifty FMCG, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty IT moving up by 2.2 per cent, auto by 2.4 per cent and PSU bank by 2.1 per cent.
Among stocks, Tata Motors accelerated by 6 per cent to Rs 274.40 per share.
Maruti Suzuki was up by 2.9 per cent and Mahindra and Mahindra by 2.2 per cent.
The Finance Minister Nirmala Sitharaman is all set to present the Union Budget on July 23, marking the first full budget post the 2024 elections. With the economy showing robust growth and stock market indices like the Sensex and Nifty reaching record highs, thereβs a lot at stake.
#budget 2024, #market, #financeminister
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Let's take a moment to appreciate the incredible journey of the Sensex, which breached the 80,000 mark for the first time on July 3, 2024. This remarkable rally saw the Sensex crossing the 80,000 mark on July 3 in the shortest span of just 138 sessions, a journey from 70,000 points completed within six months.
#market #sensex #nifty #Stockmarket #IndiaStockExchange #NationalStocks #Nifty #Sensexnews #Oneindia #Oneindianews
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The 30-share Sensex advanced by 393.83 or 0.80 per cent to close at its fresh record of 49,792.12.Β ... Zee News - Published Also reported by •IndiaTimes
The S-P BSE Sensex crossed historical milestone of 50,000 in Thursday's session as benchmark indices scaled fresh lifetime highs but closed 0.4 per cent lower as traders booked profit in the last hour..