Sensex hits record high of 62412: Nifty closes at new record high

-Investor's assets Rs. 2.26 lakh crore increase

- Sensex rose 762 points at close of business to 62272 foreign investors Rs. 1232 crore purchase

AHMEDABAD: New history was made at the Mumbai stock market today on the back of fresh buying by foreign investors amid certain favorable factors boosting the Indian economy amid the flutter of global recession. On the back of the fresh take today, the Sensex rose intra-day to touch a new all-time high of 62412. On the other hand, NSE Nifty rose to 18529 intraday. Which is its fifty-two week high. However, he fell just short of breaking his all-time high of 18,605.

At the global level, due to the explosion of Corona in China, the NG crisis in Europe and high inflation around the world, there is a flutter of recession at the global level. Along with this, due to other favorable factors, including India's signing of a trade agreement with Australia, the market correction progressed rapidly as foreign investors became active again in the Indian stock market on the basis of the expectation that the growth of the economy would be maintained.

On the back of these reports, the BSE Sensex rose sharply on the back of fresh buying from Chomer today under the watchful eye of foreign investors. After breaking its previous record of 62245 in October 2021 and reaching a new record high of 62412.33 intraday, it was strong at the close of business by 762.10 points at 62272.68.

On the other hand, the Nifty at the NSE also rose sharply and touched a fifty-two week high of 18529 intraday and remained strong at 18484.10, up 216.85 points at the close of business. Nifty has an all-time high of 18605. Thus, it reached this high (BSE market cap) of Rs. 2.26 lakh crore and finally it was Rs. 283.70 lakh crore was reached. Foreign investors today invested Rs. 1232 crores of new borrowing was undertaken.