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Sensex hits all-time high, Nifty above 16,650 as metal stocks gain

Posted on Posted in Business by 18 views

Indian shares hovered near record highs on Wednesday, boosted by Tata Motors and metal stocks, with sentiment aided by strength in global peers after worries about the tapering of the U.S. Federal Reserve’s pandemic-era stimulus eased. By 9:20 am, the blue-chip NSE Nifty 50 index was up 0.3% at 16,674, and the…

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Sensex crosses 54,000 after rising over 500 points, Nifty at fresh all-time high

Posted on Posted in Business by 25 views

Indian shares hit record highs on Wednesday, led by financial and metals sectors, as June-quarter corporate earnings momentum boosted investor sentiment. By 9:17 am, the blue-chip NSE Nifty 50 index climbed 0.6% to 16,235 and the benchmark S&P BSE Sensex rose 0.7% to 54,187.97. The Nifty Financial Services Index…

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