Sensex, Nifty Hit Record Highs: Key Drivers Behind the Surge

The S&P BSE Sensex rose 0.33% to 79,501.84, and the NSE Nifty50 climbed 84.35 points to 24,128.85, hitting record highs. Key drivers included a nearly 2% rise in Reliance Industries' shares following a tariff hike by its telecom unit, boosting expected revenue. State-owned lenders like SBI and PNB also gained significantly due to Indian bonds' inclusion in JPMorgan's emerging market index, promising lower borrowing costs and higher profitability. Positive economic outlook and policy stability further bolstered investor sentiment, although some stocks, like GMR Airports Infrastructure, faced challenges due to specific incidents

Related News

{{ news.title }}

Trending News

{{ news.title }}