On Monday, the index rose 613.92 points or 2.72%- the biggest gainer among sectoral indices - to end the session at 23,156.06. The previous high was 23,595.15 on April 11, 2022. It has comfortably outperformed the benchmark Sensex, gaining 7% over the past month, compared to a 0.14% fall in the benchmark.
Moreover, it has returned 21.4% over the past year, compared to 10.7% by the Sensex.
Multiple policy measures by China in recent months to revive the ailing economy have come as a shot in the arm for global commodity prices, with global market players saying the measures will provide the muchneeded boost to its property sector.
This story is from the September 05, 2023 edition of Financial Express Mumbai.
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This story is from the September 05, 2023 edition of Financial Express Mumbai.
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