Benchmark indices Sensex and Nifty hit intra-day record high levels before closing almost flat on Monday due to profit-taking in FMCG and IT shares by cautious investors ahead of the key US Fed interest rate decision later this week.
The 30-share BSE Sensex closed higher by 23.12 points or 0.03 per cent at 81,355.84 – its all-time closing high – with 16 of its components advancing and 14 ending lower.
The index opened higher and jumped 575.71 points or 0.70 per cent to hit a new intraday record peak of 81,908.43 in late morning deals following a decline in US bond yields. However, investors preferred to book profits at record high levels amid high volatility dragging the index lower to close flat.
This story is from the July 30, 2024 edition of The Free Press Journal.
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This story is from the July 30, 2024 edition of The Free Press Journal.
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