Record-Breaking Performance: Nifty 50 sets new highs 20 times in current year
Live MintIn a remarkable display of resilience and strength, Nifty 50 charged up once again in today's session to hit a new record high for the second straight session. The rally was fueled by continued strength supported by robust microdata, renewed interest from institutional buyers, and impressive quarterly business updates from major companies, setting an optimistic tone ahead of the upcoming Q4FY24 earnings season. Amid this backdrop, the Nifty 50, comprising the nation’s top 50 blue-chip companies spanning diverse sectors, has hit another record high of 22,768 points in today's session by gaining 0.45%. Today's milestone marked the index hitting a new record high approximately 20 times in the current year so far, reflecting sustained momentum and investor confidence.