The Sensex wrapped up at a record of 65,785.64 on Thursday, up 339.60 points or 0.52 percent, despite a slow pace trend in the global markets. NSE Nifty closed at a record high of 19,497.30 after increasing by 98.80 points or 0.51 percent.
The stock market made fresh history as the Sensex-Nifty hit an all-time high. Sensex has reached a new high of 65,754.12 and Nifty 19472, respectively. This marks both of their most recent records. The stock market vehicle was put back on the accelerated track. The market began to show strength after a sluggish start. At that time, the Nifty 50 was also trading at the level of 19450 with a gain of 51 points, while the Sensex had advanced to the level of 65583 based on Reliance Industries, up 137 points.
At the time of writing, Titan, M&M, Maruti, Reliance, Sun Pharma, NTPC and Tata Steel were the top gainers. While Nestle, IndusInd Bank, PowerGrid, ICICI Bank, Bajaj Finance, Kotak Bank, HCL Tech, HDFC Bank, Infosys, and Tech Mahindra are Top losers.
Benchmark Brent crude for all crude oil increased 0.25 percent to USD 76.70 per barrel. According to exchange statistics, Foreign Institutional Investors (FIIs) purchased shares of stock on Thursday totaling Rs 2,641.05 crore.
The rupee started off today’s trading session sluggish. The rupee increased to 82.68 per dollar. In spite of rising crude oil prices, the dollar is strengthening.
LTP CALCULATOR ANTICIPATION FOR THE NEXT WEEKLY RANGE OF NIFTY
The LTP Calculator has forecasted the Nifty weekly range for the upcoming week. Since the LTP Calculator Option Chain suggests that the Nifty’s weekly range resistance is 19,400 and its weekly range support is 19,300, investors should be mindful of these factors.