Markets at record high: Benchmark indices S&P BSE Sensex and NSE Nifty 50 hit touched their respective all-time high levels on Tuesday, June 25, 2024. The heavy-weighted financial sectoral accounted for most of the gains on Nifty 50 index today.
While the 30 share BSE Sensex rose 596.74 points to a record high of 77,937.82, the broader NSE Nifty rose 146.25 points to reach an all-time high of 23,684.10.
Bank stocks were the top sectoral gainers, rising 0.5 per cent. Analysts believe that these stocks will continue to see buying as they offer attractive valuations compared to other sectors.
The small-cap index outperformed the broader markets, jumping 1 per cent. This was driven by a strong surge in Amara Raja Energy, whose shares soared 17 per cent after the company signed a licensing agreement with a Chinese firm to produce lithium-ion batteries in India.
(This story is being updated.)
