Sensex in life with high hopes of ecological recovery, vax drive

Business
Sensex in life with high hopes of ecological recovery, vax drive


MUMBAI: Almost four months after hitting an all-time high at 52,517 points on February 16, the sensex hit a new high at 52,642 on Friday driven by a rally in Dependency industries and also supported by Infosys and TCS. At the close of the trading day, BSE’s market capitalization also reached a new high of Rs 233.7 lakh crore. Although the purchase of foreign funds was the main driver of the market since March 2020, in recent months domestic funds led the indices to rise.
On Friday, the sensex opened at 52,477 points, hit the new all-time high in early trading and remained in range to close at 52,475, a 174-point gain on the day. The close of the day was also the index’s all-time closing high, BSE data showed. On NSE, the Skilled it also rallied 61 points to close at 15,799, also a new all-time closing high. TNN

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