Sensex hit a record high of 72410 and Nifty 21779


- Foreign Investors Rs. 4359 crore purchase

- Investor's assets Rs. 1.69 lakh crore increased to 363 lakh crore

AHMEDABAD: Sensex hit new record highs of 72410 and Nifty today at 72410 and Nifty at 21779 on the back of fresh buying led by foreign investors on the back of other positive reports including a bullish outlook in China and European markets before the end of 2023. Today the wealth of investors has also increased to Rs. 363 lakh crore reached the highest peak.

According to reports from the global markets, before the end of the year, there were reports that foreign investors bought stocks worth $1.9 billion in a single day in China today. On the other hand, European markets also rose to near two-year highs on the back of fresh gains. Apart from this, foreign investors were attracted by the strong possibility of re-election of the ruling party in the general elections at home, low crude prices and reports of the ongoing process of economic reforms.

On these reports, Sensex touched a new all-time high of 72,484.34 intra-day today on fresh buying by local funds and operators and investors led by foreign investors. On the other hand, Nifty also touched an all-time high of 21,801.45.

At the close of business today, the Sensex rose 371.95 to close at a record high of 72410.38. While NSE's Nifty rose 123.95 points to close at a new level of 21,778.70.

Investors' wealth (BSE market cap) rose by Rs 1.69 lakh crore today following the surge in Sensex. 363 lakh crore reached a new high. Foreign investors today invested Rs. 4359 crores of new borrowing was undertaken. While by local bodies Rs. 137 crores of new levy was undertaken.

Comments

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

Information about soymilk and casein products

The brokerage firm objected to SEBI's new proposal regarding Algo Trading