Indices extend bull run, hit fresh highs
Financial Express Mumbai|December 06, 2023
INDIAN EQUITIES CONTINUED their strong run on Tuesday with the Sensex and the Nifty benchmarks settling at new peaks. Investor confidence has been growing on the back of the BJP's win in key state elections in the Hindi heartland, encouraging data on the economy and strong corporate profits.
SIDDHANT MISHRA

Expectations that the US Federal Reserve might not raise interest rates further, and of relatively stable Brent crude prices below $79 per barrel, have added to the bullish sentiment.

Investors were richer by close to ₹3 trillion, even as the market capitalisation of BSE-listed firms went up to ₹346.5 trillion. The Sensex and Nifty put on 431.02 points (0.63%) and 168.30 points (0.81%), respectively to close the session at record highs of 69,296.14 and 20,855.10. It took just one session for the Sensex to breach the 69,000 mark after it crossed 68,000 for the first time on Monday.

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