The Sensex jumped 453 points to 60,737 new historical highs
Investors' wealth rises by Rs 4.5 lakh crore to new record high of Rs 20.8 lakh crore (Gujarat News Correspondent) MUMBAI: With Tata Sons recently winning the bid to acquire Air India in a bid to play a bigger role in the country's economic and industrial development, the prestigious Tata Group in Corporate India today raised funds amid speculations of massive growth in the electric vehicle sector by Tata Motors. Led by the Sensex, the Nifty hit a new historic high. With the positive impact of positive development in Tata Group companies including Tata Motors, Tata Power, Tata Chemicals, Titan Company, industrial and economic activities are gaining momentum in the country. The resulting funds rallied with short covering in IT stocks. Along with this, automobiles, power-capital goods, metal-mining, consumer durables, banking-finance stocks rose, the Sensex touched 31,000 and the Nifty moved closer to 1,200. At the end of the day, the Sensex jumped 3.6 points to 206.05 and the ...