The Sensex surged 862 points (~1.04%) on Thursday, closing just shy of its all-time high, supported by strong Q2 corporate performance, festive demand and favorable trade cues. The Nifty rallied 261 points (~1.03%), breaking above key resistance zones. Investors added ~₹16 lakh crore in market capitalization over the month. The momentum reflects a broad-based rally, although select sectors like IT underperformed. Benchmark indices are now within ~3% of previous peaks, fueling optimism for continued upside.
positive
2 days ago
Sensex jumps ~862 pts; markets near record peaks
The Sensex surged 862 points (~1.04%) on Thursday, closing just shy of its all-time high, supported by strong Q2 corporate performance, festive demand and favorable trade cues. The Nifty rallied 261 points (~1.03%), breaking above key resistance zones. Investors added ~₹16 lakh crore in market capitalization over the month. The momentum reflects a broad-based rally, although select sectors like IT underperformed. Benchmark indices are now within ~3% of previous peaks, fueling optimism for continued upside.
positive
Sensex jumps ~862 pts; markets near record peaks
3 days ago
1 min read
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Sensex soars ~862 pts as markets approach record highs on earnings and festive momentum.
The Sensex surged 862 points (~1.04%) on Thursday, closing just shy of its all-time high, supported by strong Q2 corporate performance, festive demand and favorable trade cues. The Nifty rallied 261 points (~1.03%), breaking above key resistance zones. Investors added ~₹16 lakh crore in market capitalization over the month. The momentum reflects a broad-based rally, although select sectors like IT underperformed. Benchmark indices are now within ~3% of previous peaks, fueling optimism for continued upside.
The Sensex surged 862 points (~1.04%) on Thursday, closing just shy of its all-time high, supported by strong Q2 corporate performance, festive demand and favorable trade cues. The Nifty rallied 261 points (~1.03%), breaking above key resistance zones. Investors added ~₹16 lakh crore in market capitalization over the month. The momentum reflects a broad-based rally, although select sectors like IT underperformed. Benchmark indices are now within ~3% of previous peaks, fueling optimism for continued upside.