Highlights

  • Sensex hits new all-time high
  • Nifty breaches 23,000-mark for first time
  • Results of the ongoing general elections will be declared on June 4

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Sensex reaches new all-time high; Nifty surpasses 23,000 mark for first time

The NSE Nifty went up by 36.4 points to breach the 23,000 mark for the first time ever. It hit its lifetime peak of 23,004

Sensex reaches new all-time high; Nifty surpasses 23,000 mark for first time

Benchmark indices Sensex and Nifty reached new all-time highs in early trading on Friday, driven by positive investor sentiment and fresh foreign fund inflows ahead of the upcoming Lok Sabha election results.

The 30-share BSE Sensex rose by 164.24 points to reach a record high of 75,582. Similarly, the NSE Nifty increased by 36 points, surpassing the 23,000 mark for the first time and reaching a new peak of 23,004.

Also read/watch - Citi, HSBC, Barclays increase in-office requirements to five days a week

From the Sensex firms, Bajaj Finance, Larsen & Toubro, Tata Steel, State Bank of India, HDFC Bank and Bharti Airtel were the major gainers. Mahindra & Mahindra, Tata Consultancy Services, Maruti and JSW Steel were among the laggards.

The results of the ongoing general elections are scheduled to be announced on June 4.

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