Sensex Today: Nifty scales past 23,500 for the first time
Sensex Today: Equity indices hit record highs in early deals and held onto their gains through the day. The benchmark BSE Sensex touched a lifetime high of 77,367 intraday, while the NSE Nifty50 hit 23,579 level.
The BSE Sensex, eventually, ended at 77,302, up 309 points or 0.4 per cent. The Nifty50, on the other hand, settled at 23,558, up 92 points or 0.39 per cent.
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In the broader markets, the BSE MidCap claimed a new record high of 46,278.53, before ending at 46,274.5, up 0.47 points.
The BSE SmallCap index, too, touched an all-time high of 51,758.97 before closing at 51,694, up 0.96 per cent.
The m-cap of all BSE listed companies settled at Rs 423 trillion or $5.24 trillion
Among sectors, the Nifty Pharma, and Media indices fell up to 0.6 per cent, while the Nifty Private Bank, and Financial Services indices edged around 1 per cent higher each.
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Global Cues
Global cues remain supportive of a firm session with Australia’s ASX200, Japan’s Nikkei, and South Korea’s Kospi up 0.8 per cent each.
Automaker Hyundai hit a fresh record, gaining about 1.8 per cent in Korean trade, on news that it plans to list its India unit.
Overnight in the US, the S&P 500 rose to close at a fresh record as Wall Street looked to build on last week’s gains.
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The index added 0.77 per cent, while the Nasdaq Composite surged 0.95 per cent. The Dow Jones Industrial Average added 0.49 per cent, to snap a four-day losing streak.
