News Brief
New Lifetime Highs For Sensex And Nifty As Indian Stock Market Continues Its Rally, Tech Companies Biggest Gainers
BSE Building in Mumbai. (Wikimedia Commons)
Continuing the recent trend of setting new lifetime highs every few days, the Bombay Stock Exchange's (BSE) Sensex touched 72,720.96, while another index Nifty hit a record high of 21,928.25 points.
Infosys was up by over 7 per cent. This was even after the company's lower-than-expected net profit in the December quarter due to sluggish demand from clients.
Similarly, Tata Consultancy Services (TCS) recorded a jump of about 4 per cent. Another tech company and a constituent of the Sensex index, HCLTech's shares also reported an increase of over 3.7 per cent.
Notably, it has not been even a month since Sensex touched the 71,000 mark for the first time on 15 December. Just 12 days later, the 30-share index of BSE touched the 72,000 mark.
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