Sensex, Nifty hit fresh highs bouyed by positive sentiment

Both Sensex and Nifty continue their stupendous performance at the bourses, hitting fresh record highs for the second consecutive session on Thursday amid good domestic macroeconomic fundamentals, firm global market trends, and fresh foreign fund inflows.

The S&P BSE Sensex reached a record high of 72,360.51, while the NSE Nifty50 also achieved an all-time high of 21,745 in early trade.

At around 9:42 am, the Sensex was up 259.14 points at 72,297.57 and the Nifty rose 77.20 points to 21,731.95.

At 10:22 am, Sensex was trading 132.18 points higher at 72,170.61, whereas Nifty was trading 32.90 points up at 21,687.65.

The top five gainers on the Nifty50 were Hero MotoCorp, Bajaj Finserv, SBI Life, NTPC and M&M. On the other hand, the top losers were Dr Reddy’s, Asian Paints, L&T, Ultratech Cement and Tata Steel.

Among the Sensex firms, JSW Steel, NTPC, Power Grid, Bajaj Finserv, HDFC Bank, ITC, Nestle and Tata Steel were the major gainers.

UltraTech Cement, IndusInd Bank, Asian Paints, and Axis Bank were among the laggards.

Foreign Institutional Investors (FIIs) turned buyers on Wednesday after continuous offloading and bought equities worth Rs 2,926.05 crore, according to exchange data.

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