FINAL TRADE: Sensex skyrockets 930 pts to 70,514, Nifty closes above 21,000 for first time as bulls take D-Street to fresh peaks
Stock market today: The NSE Nifty 50 index ended 256.35 points or 1.23 per cent higher at 21,182.7 and the S&P BSE Sensex finished the day with a gain of 929.6 points or 1.34 per cent at 70,514.2--both record closing highs--after scaling record highs during the session.
Stock market today: Financial stocks and Information technology (IT) stocks helped domestic benchmark indexes finish at record closing highs on Thursday. Bulls took the D-Street to fresh peaks on Thursday as global rally spilled over to regional markets after the US Federal Reserve flagged the end of its tightening cycle and bolstered expectations of a rate cut in March 2024.
The NSE Nifty 50 index ended 256.35 points or 1.23 per cent higher at 21,182.7 and the S&P BSE Sensex finished the day with a gain of 929.6 points or 1.34 per cent at 70,514.2--both record closing highs--after scaling record highs during the session. The high-beta Nifty Bank finished the day 640.05 points or 1.36 per cent higher at 47,732.3.
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