Business

Indian Markets Hit Historic Highs: Nifty Crosses 24000, Sensex Tops 79000

Indian markets continue to stand tall, as they close at historic high figures, with Nifty and Sensex breaking records on Thursday.

Nifty closed the session at 24,044 points, which increased by more than 0.74 per cent or 175 points. The BSE sensex also recorded historic high of 79,243.18, which increased by more than 0.72 per cent or 568.93 points.

This Thursday session, both indices achieved huge milestone, as they managed to respectively breach 24,000 mark (Nifty) and 79,000 mark (Sensex).

In addition, nifty 50 also made huge contributions, as in mere 23 trading sessions, they managed to rally 1000 points, by climbing from 23,000 to 24,000.

Companies like Ultratech Cements, LTIMindtree, NTPC, Grasim Industries, and Wipro, gained the most in Nifty 50. In contrast, Shriram Finance, L&T, Divi’s Lab, Bajaj Auto, and Eicher Motors witnessed a decrease.

As for global markets, oil prices stabilized, despite huge stockpiling by US and geopolitical tension plaguing middle east. The US treasury also increased by 2%, touching 4.33 per cent.

Diksha Puri

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