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Sensex at life excessive on hopes of eco restoration, vax drive

MUMBAI: Nearly 4 months after hitting an all-time excessive at 52,517 factors on February 16, the sensex hit a brand new excessive at 52,642 on Friday spurred by a rally in Reliance Industries and additional supported by Infosys and TCS. On the shut of the day’s buying and selling, BSE’s market capitalisation additionally hit a brand new excessive at Rs 233.7 lakh crore. Whereas overseas fund shopping for was the principle market driver since March 2020, over the previous couple of months home funds took the indices greater.
The sensex on Friday opened at 52,477 factors, hit the brand new all-time excessive in early trades and remained rangebound to shut at 52,475, up 174 factors on the day. The day’s closing was additionally the index’s all-time closing excessive, BSE information confirmed. On NSE, the Nifty too rallied 61 factors to shut at 15,799, additionally a brand new all-time closing excessive. TNN

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