1 year ago
Sensex, Nifty hit fresh all-time high levels in early trade
The HinduEquity benchmark indices Sensex and Nifty hit new all-time high levels in early trade on December 28 amid optimism over the country's macroeconomic fundamentals, firm global market trends, and fresh foreign fund inflows. Rallying for the fifth day running, the 30-share BSE Sensex jumped 322.08 points to reach its new lifetime peak of 72,360.51 in early trade. "Strong cues from the mother market U.S., steadily declining U.S. bond yields and the dollar index below 101 augurs well for the continuation of the rally," said V.K. Rising for the fourth straight session, the BSE benchmark jumped 701.63 points, or 0.98%, to settle at its all-time closing high of 72,038.43 on December 27.
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