Sensex, Nifty hit fresh record high levels in early trade
6 months ago

Sensex, Nifty hit fresh record high levels in early trade

The Hindu  

Benchmark equity indices Sensex and Nifty hit their new lifetime peaks in early trade on Wednesday, June 19, 2024, amid a firm global market trends, buying in bank stocks and foreign fund inflows. The bullish trend in early trade comes a day after the Fitch Ratings raised India's growth forecast for the current fiscal to 7.2 per cent from 7 per cent projected in March, citing a recovery in consumer spending and increased investment. Rallying for the fifth straight session, the 30-share BSE Sensex climbed 280.32 points to hit its fresh lifetime peak of 77,581.46 during the early trade. Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2 per cent from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.

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