Key Points
The S&P BSE Sensex hit a lifetime high of 78,594.04 during intraday trade, while the Nifty50 rose to 23,859.50.. ...
Benchmark stock market indices jumped sharply to hit fresh record highs on Wednesday, supported by a rally in heavyweight stocks such as Reliance Industries Limited (RIL), ICICI Bank and more...
This surge contributed to a 1% increase in both the energy index and the oil & gas index.. Despite this recent uptick, Reliance's shares have only risen 0.3% since the end of March, significantly underperforming the Nifty's 7% rise in the same period...
Viraj Gandhi, chief executive at SAMCO Mutual Fund told news agency Reuters that sector rotation is underway, with smart money finding pockets with valuation comfort and earnings visibility, driving markets higher...
Meanwhile, state-run Mazagon Dock Shipbuilders saw a 4.5% increase, reaching a record high after receiving "Navratna" status from the government, which grants the company greater freedom to make significant investments...
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