Benchmark indices identified Adani Ports, UltraTech Cement, IndusInd Bank, and Maruti as laggards. The Sensex and Nifty hit new all-time highs in early trade on June 28 amid a worldwide market surge, buying in Reliance Industries, and fresh foreign money inflows.
The benchmark indexes Sensex and Nifty touched new all-time highs in early trade on June 28 amid a worldwide market rally, buying in Reliance Industries, and fresh foreign money inflows.
The 30-share BSE Sensex surged 308.49 points to a new record high of 79,551.67. The Nifty rose 103.75 points to a new lifetime high of 24,148.25.
The largest gainers among the 30 Sensex companies were Sun Pharma, NTPC, Tech Mahindra, Reliance Industries, Tata Motors, Asian Paints, Tata Steel, and Nestle.
Adani Ports, UltraTech Cement, IndusInd Bank, and Maruti were among the underperformers.
“Market momentum can propel the Sensex to 80,000 points. According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the recent surge has been driven by fundamentally solid large-caps such as RIL, Bharti, and top private sector banks.
Seoul, Tokyo, Shanghai, and Hong Kong were all trading higher on Asian markets.
On June 27, US markets ended in positive territory.
Foreign Institutional Investors (FIIs) purchased equities worth ₹7,658.77 crore on Thursday, per exchange data.
The global oil benchmark Brent crude rose 0.49% to $86.81 a barrel.
The BSE benchmark rose 568.93 points, or 0.72%, to a record closing high of 79,243.18 on Thursday.
The Nifty finished at a new record high of 24,044.50, up 175.70 points or 0.74%. Check Live Nifty Updates for the best and latest updated of nifty.