ANI
15 Sep 2023, 14:27 GMT+10
New Delhi [India], September 15 (ANI): Indian stock indices touched fresh highs on Friday, largely due to strong overnight cues from US markets and consistent fund inflows by foreign portfolio investors. On Thursday too, they tasted fresh highs.
Sensex and Nifty hit their fresh all-time highs of 67,774.46 and 20,173.15 points, respectively, at the opening bell. At the time of filing this report, Sensex was at 67,726.82 points, up 0.31 per cent, and Nifty at 20,150.20 points, up 0.23 per cent.
Among the sectoral indices, Nifty banks, Nifty auto, Nifty financial services, Nifty IT, Nifty metal, and Nifty pharma were in the green, while Nifty FMCG, Nifty media, Nifty PSU bank, and Nifty realty were marginally in the red, NSE data showed.
"Even though the undercurrent of the market is bullish the high valuations and new risks like surging crude and rising dollar index can impact the market negatively," said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
"Brent crude at USD 94 is a major macro worry which the market cannot ignore for long," Vijayakumar added.
The benchmark indices added over 3 per cent each, respectively in the past month, after India's economy grew firm in the April-June quarter.
The Indian economy witnessing a firm GDP growth rate of 7.8 per cent in the first quarter (April-June) of 2023-24, and continued foreign portfolio investments are likely to have improved investors' sentiment lately. (ANI)
Get a daily dose of Baton Rouge Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Baton Rouge Post.
More InformationSACRAMENTO, California: Fast food workers will now receive $20 per hour in California, after the governor signed a fast food ...
BEIJING, China: In a deal worth US$10 billion at list prices this week, state-owned carrier China Eastern Airlines announced that ...
BEIJING, China: This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected ...
RIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...
ISLAMABAD, Pakistan - According to a high-ranking government official who briefed a parliamentary panel on Wednesday, although Pakistan has accelerated ...
SEOUL, South Korea: Marking a tougher stand against North Korea, South Korea held its first large-scale military parade in over ...
Ankara claims ?20 targets used by terrorists? were destroyed in Iraqi KurdistanTurkish warplanes have conducted airstrikes against the suspected Kurdistan ...
Hangzhou, China - Afghanistan's volleyball team hope their appearance at the Asian Games in defiance of the Taliban will encourage ...
London [UK], October 2 (ANI): The World Sindhi Congress (WSC) expressed solidarity with the ongoing struggle against the Marhi Jalbani ...
Yerevan, Armenia - Azerbaijan's prosecutor general issued an arrest warrant for ex-Nagorno-Karabakh leader Arayik Harutyunyan Sunday as the first United ...