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Indian stock market sets new records with Nifty and Sensex at all-time highs Sky India News

SkyIndianews by SkyIndianews
September 14, 2023
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Logistics major posts sharp uptick in quarterly profit as policy initiatives help push demands Sky India News
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Image Source : PTI BSE Limited, also known as the Bombay Stock Exchange building

In a dynamic trading session on Thursday, the Indian stock market witnessed a surge, with both the NSE Nifty 50 and the BSE Sensex hitting record highs during early trading hours. The NSE Nifty 50 closed the session with a 0.16% gain, settling at 20,103.10 points, while the BSE Sensex registered an increase of 52.01 points to conclude at 67,519.00 points. 

Notably, the Nifty 50 reached a new milestone by hitting an all-time high of 20,167.65, and the BSE Sensex also joined the rally by achieving a fresh all-time high of 67,771.05 points in the early trading session.

The broader market indices closed in positive territory, with significant gains driven by mid- and small-cap stocks. The Bank Nifty saw an increase of 91.40 points, reaching 46,000.85 points. Most of the sectoral indices displayed positive trends, except for Media and FMCG, which experienced minor corrections of 0.40% and 0.15%, respectively.

Investors should note that market volatility remains relatively high, as indicated by a 4.58% increase in the VIX (Volatility Index). These record-breaking moves in the stock market underscore the ongoing dynamism and activity in the Indian financial landscape.

Also read | Adani Group forms joint venture for marketing of green hydrogen in Japanese market

Also read | Adani Wind receives certification for India’s largest turbine

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