Sensex up 185 points, Nifty hits fresh all-time high in early trade
The Hindu
Sensex and Nifty updates on July 16, 2024
Equity benchmark indices maintained their winning momentum for the third day running in early trade on Tuesday, July 16, 2024, with the Nifty hitting its new all-time peak, amid foreign fund inflows and a rally in the US markets.
The 30-share BSE Sensex climbed 185.55 points to 80,850.41 in early trade. The NSE Nifty rallied 63.35 points to hit a new all-time peak of 24,650.05.
Among the Sensex pack, Bharti Airtel, Mahindra & Mahindra, Hindustan Unilever, Tata Steel, Adani Ports, Infosys, ICICI Bank and Titan were the biggest winners.
Power Grid, Larsen & Toubro, Kotak Mahindra Bank and Axis Bank were among the laggards.
Foreign Institutional Investors (FIIs) bought equities worth ₹2,684.78 crore on Monday, according to exchange data.
In Asian markets, Seoul and Tokyo were trading higher while Shanghai and Hong Kong quoted lower.
US markets ended in positive territory on Monday.
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