Markets hit record highs; Adani stocks lead rally
Mint Mumbai|June 29, 2023
Equity benchmarks hit new highs on Wednesday, as robust foreign fund inflows and the advance of the southwest monsoon boosted investor sentiment.
Ujjval Jauhari
Markets hit record highs; Adani stocks lead rally

NEW DELHI: The Nifty and the Sensex crossed the 19,000 and 64,000 marks, respectively, after a long period of consolidation. The Nifty touched all-time highs of 19,011.25, before closing at 18,972.10, up 0.82%. The Sensex also surged to new highs of 64,050.44 before closing at 63,915.42, up 0.79%. The Nifty, that had shot past 18,000 on 11 October 2021, took a record 20 months to gain the next 1,000 points. It also consolidated for almost seven months, before surpassing its earlier all-time high of 18,887.6 on 1 December 2022.

Analysts said positive global cues and narrowing of India’s current account deficit in the fourth quarter of FY23 helped the indices scale all-time highs.

Foreign portfolio investors (FPIs) bought stocks worth a provisional ₹12,350 crore on Wednesday, even though domestic institutions resorted to profit-booking and sold a provisional ₹1,021 crore.

この記事は Mint Mumbai の June 29, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Mumbai の June 29, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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