Nifty Tops 20,000 for First Time as Indices Hit Record Highs

Brief by Shorts91 Newsdesk / 12:07pm on 11 Sep 2023,Monday Business

Indian stock market indices touched new record highs on Monday with the Nifty50 crossing 20,000 points for the first time ever. The BSE Sensex closed 0.79% higher at 67,127 while the NSE Nifty settled 0.91% up at 19,996 after hitting an intraday peak of 20,008. All broader indices also ended in the green, with smallcaps and midcaps surging over 1%. Barring media, all sectoral indices closed higher led by PSU banks, auto, metals and banking stocks. The gains come ahead of key domestic economic data releases. Strong bullish sentiment propelled the markets to new milestones, overcoming global growth concerns.

Read More at The Indian Express

Menu