Markets continue record run; Sensex, Nifty climb to lifetime highs
June 18, 2024 20:04
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Benchmark Sensex closed above the 77,000 level for the first time, and broader Nifty scaled a fresh peak on Tuesday as key equity indices stayed on the record-breaking run powered by a rally in index majors ICICI Bank, HDFC Bank and Infosys.
Besides, renewed foreign fund inflows amid a firm trend in global equities boosted investor confidence, traders said.
In a range-bound session, Sensex and Nifty settled at their new closing all-time high levels amid intense demand for realty, consumer durable and utility stocks.
Rising for the third straight session, the 30-share BSE Sensex climbed 308.37 points or 0.40 percent to settle at a new closing peak of 77,301.14.
During the day, it jumped 374 points or 0.48 percent to hit the fresh lifetime peak of 77,366.77. -- PTI