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Sensex, Nifty hit all time highs; 5 factors that drove the rally | Economic Times
Sensex breached the 41,000-mark for the first ever on Tuesday. Nifty too scaled a lifetime peak of 12,126. Abhinav Kaul of ETMarkets.com explains five factors that drove the rally.
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Sensex hits all-time high: All you need to know about the record run | Economic Times
Sensex scaled a fresh record high of 40,392 on Thursday, exactly 100 sessions after it had hit this level on June 4, thanks to a rally in select index heavyweights. Amit Mudgill of ETMarkets.com digs deeper to tell you what's driving the market and if this rally is sustainable.
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Sensex hits record high of 40,345 on US Fed rate cut
The benchmark equity index, Sensex, surpassed its previous lifetime high during the early trade on Thursday. The Sensex peaked at 40,345 after the US Federal Reserve slashed it interest rates for the third time this year. After opening on a strong note, the 30-share index was trading 263.69 points, or 0.66 per cent, higher at 40,315.56 in morning session. The broader NSE Nifty too advanced 71.85 points, or 0.61 per cent, to 11,915.95. Top gainers in the Sensex pack included SBI, Infosys, Tata Motors, Yes Bank and Sun Pharma, rising up to 4.35 per cent.
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