MKTS END LOWER AFTER SCALING RECORD PEAKS INTRA-DAY; NIFTY HITS 23K-LEVEL
The Free Press Journal|May 25, 2024
A weak trend in global equities weighed on sentiments, but renewed FII inflows, stable crude prices supported mkts
MKTS END LOWER AFTER SCALING RECORD PEAKS INTRA-DAY; NIFTY HITS 23K-LEVEL

Equity benchmark indices Sensex and Nifty scaled new peaks on Friday in intraday deals before closing marginally lower due to profit booking in FMCG, IT and healthcare stocks.

A weak trend in global equities weighed on the sentiments, but renewed foreign capital inflows and stable crude oil prices in international markets supported the markets, traders said.

Markets were on a record-breaking rally for the second straight day ahead of the results of Lok Sabha polls on June 4.

In a highly volatile trade, the 30-share BSE Sensex dipped 7.65 points or 0.01 per cent to settle at 75,410.39. During the day, it rallied 218.46 points or 0.28 per cent to hit its all-time intra-day high of 75,636.50.

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