The Sensex jumped 167 points to a new record high of 58297
Investors' wealth rises by Rs 6,000 crore to new highs of Rs 2.5 lakh crore (Gujarat News Correspondent) MUMBAI: Despite the geopolitical tensions over the Corona transition in Afghanistan, the US on the economic front last week slammed the US. With the Federal Reserve signaling the continuation of stimulus, global markets rallied and the continued rise in GST consolidation in India and other economic factors remained positive and the good monsoon progress, the funds continued to rally stocks. On the international front, Brent and Nymex crude oil prices fell on the back of lower crude oil prices by Saudi Arabia and the positive impact of lower petrol and diesel prices locally and the positive development funds of Corporate India continued to buy stocks. Of course, small, mid-cap, cash stocks rose today, funds, operators, players were offloading and selling in many stocks. Against profit-booking in banking-finance stocks, IT-software services, technology stocks and consumer durabl...