Mumbai: BSE Benchmark Sensex Reached new highs on Monday.
Blue-chip NSE nifty 50 index rose 0.44% to 17,399 and the benchmark S&P BSE Sensex climbed 0.46% to 58,394.
oil-to-telecom group Reliance Industries Limited and Hindalco Industries Ltd were among the top performers on the Nifty 50 with gains of 2.4% and 1.8%, respectively.
Weak US jobs report, raising hope US Federal Reserve could continue its massive economic support for a long time, which was the main driver of the boom.
The recent surge in the domestic stock market has been largely due to the gradual easing of lockdown and curfew measures and recovery in economic activity.
India’s GDP growth for the April-June quarter of FY12 was 20.1 per cent due to a low base and accelerated economic activity. In 2020, the pandemic battered the country’s GDP, which shrank by 24.4 per cent during Q1FY21.
(with inputs from agencies)
Blue-chip NSE nifty 50 index rose 0.44% to 17,399 and the benchmark S&P BSE Sensex climbed 0.46% to 58,394.
oil-to-telecom group Reliance Industries Limited and Hindalco Industries Ltd were among the top performers on the Nifty 50 with gains of 2.4% and 1.8%, respectively.
Weak US jobs report, raising hope US Federal Reserve could continue its massive economic support for a long time, which was the main driver of the boom.
The recent surge in the domestic stock market has been largely due to the gradual easing of lockdown and curfew measures and recovery in economic activity.
India’s GDP growth for the April-June quarter of FY12 was 20.1 per cent due to a low base and accelerated economic activity. In 2020, the pandemic battered the country’s GDP, which shrank by 24.4 per cent during Q1FY21.
(with inputs from agencies)
.