Sensex closes above 83K for 1st time, Nifty scales fresh peak
The Free Press Journal|September 18, 2024
Rate cut hopes boost sentiment

Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time in a rangebound trade on Tuesday amid firm global trends ahead of the much-awaited US Fed's decision on interest rates.

Extending its record-setting spree for the second day, the 30-share BSE Sensex climbed 90.88 points or 0.11 per cent to settle at a lifetime high of 83,079.66. The key index settled above the 83,000 level for the first time. During the day, it rose by 163.63 points or 0.19 per cent to 83,152.41.

The NSE Nifty gained 34.80 points or 0.14 per cent to settle above 25,400 level for the first time at 25,418.55 - its record closing high.

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