The domestic stock market is touching new heights everyday. After Thursday’s holiday, there has been a strong opening in Sensex and Nifty on Friday. At present, the Sensex is trading at its new all-time high of 64,306.23 points with a gain of 390.81 (0.61%) points.
On the other hand, the Nifty also jumped 113.65 (0.6%) points to trade at its new all-time high of 19,085.75. On the last trading day of the week, IT and public sector banks saw the biggest gains in the market’s bumper rally.
Shares of Power Grid and Asian Paints are seen trading with a gain of more than two per cent each in the Nifty. Earlier on Wednesday, the BSE Sensex closed at a level of 63,915 points with a gain of 500 points.
The rupee is trading at Rs 82.04 with a weakness of 0.02 (-0.02%) points against the dollar. Strong support of $10 billion from Foreign Institutional Investors or FIIs in the first quarter of FY24 Dalal Street But it has helped the bulls to achieve record strength. The Nifty has rallied almost 12% in the last 3 months. ( PLC/GT )
