Indian benchmark indices continued their record-high run on Thursday for the second straight session. The Sensex rose 406 points to its new high of 80,392.64 while the broader Nifty gained 114.5 points to its peak of 24,401. The Sensex reached the 80,000 mark for the first time on July 3. […]
Nifty at record high
Bank Nifty index hit a record high on Wednesday along with the frontline indices, Sensex and Nifty 50, as the Indian stock market continued its bull rally for the fourth straight session. Sensex surged 280 points to hit a record high of 77,581.46, while the Nifty 50 gained 73 points […]
The surge comes after the Reserve Bank of India (RBI) announced a substantial ₹2.1 lakh crore dividend to the government. This development is a significant macroeconomic positive for the market, with direct implications for the fiscal deficit and bond yields. “The infusion of funds is akin to an indirect rate […]