Brief by Shorts91 Newsdesk / 04:01am on 01 Aug 2024,Thursday Business
India's benchmark stock indices, BSE Sensex and Nifty50, achieved new highs on Thursday, driven by consistent foreign investor buying and a growth-oriented budget. The Sensex crossed the 82,000 mark for the first time, trading at 82,023, up 199 points, while Nifty50 surpassed 25,000, reaching 25,027.45, a gain of 76 points. The Nifty index rose 3% in July, with no signs of a market reversal in sight. Technical analysis suggests a decisive move above 25,100 could lead to a sharp upside, with immediate support at 24,750.
