The Sensex is on a record high and it is not stopping. The Sensex today rose as much as 427 points to hit a record high of 60,312.51 and Nifty 50 index touched an all-time high of 17,947.
Indian equity benchmarks surged to new all-time highs on Friday with the BSE benchmark index – S&P BSE Sensex – crossing 60,000 for the first time and Nifty soaring above its important psychological level of 17,900 led by gains Infosys, HDFC Bank, Tata Consultancy Services, ICICI Bank, HCL Technologies and Larsen & Toubro amid positive global cues.
As of 9:25 am, the Sensex was up 278 points at 60,163 and Nifty 50 index advanced 109 points to 17,932.
Sensex Bull Run continues – Cross 60000 mark today
The Sensex Bull Run Continues
“Expectations of solid economic recovery and sustained growth in the next couple of years is keeping the bulls enthused. Also from global funds perspective, India remains an attractive destination, especially in the China+1 scenario. Having said that retail investors must have a diversified portfolio at this stage to face any kind of volatility,” said Sandeep Bharadwaj, CEO, retail at IIFL Securities.