Sensex, Nifty Hit Record Highs After 14 Months
From the Sensex firms, Bajaj Finance, Larsen & Toubro, Bajaj Finserv, Asian Paints, HDFC Bank and Hindustan Unilever were among the biggest gainers
Mumbai: The market maintained its bullish momentum on Thursday morning, with the Sensex and Nifty-50 scaling fresh record highs. The Sensex crossed its lifetime peak of 85,978.25 and surged past the 86,000 mark for the first time, touching a new all-time high of 86,055. The Nifty-50 also hit a record 26,310 after breaching its previous high of 26,277.
Strong foreign investor inflows and optimism over potential rate cuts continued to support market sentiment. Foreign portfolio investors (FPIs) were net buyers to the tune of ₹4,778.03 crore on Wednesday, while domestic institutional investors (DIIs) were also net buyers, investing ₹6,247.93 crore, according to provisional stock exchange data.
From the Sensex firms, Bajaj Finance, Larsen & Toubro, Bajaj Finserv, Asian Paints, HDFC Bank and Hindustan Unilever were among the biggest gainers.