Share Market Rejoices As Sensex Reaches All-Time High With 40,606 Points; Nifty Crosses 12,000, First Time Since June Stock traders rejoice the as Sensex rose at Bombay stock exchange. (Representative image) (Anshuman Poyrekar/Hindustan Times via Getty Images) 

Indian markets on Wednesday (6 November) logged fresh highs on the back of strong inflow of foreign funds and earning optimism in select stocks.

Banks like ICICI Bank, HDFC, IndusInd Bank gained the most.

Sensex hit the record high of 40,606.91 while the Nifty surpassed the key 12,000-mark for the first time since June.

At 3 pm, the Sensex was up 232.91 points to 40,481.14 while the Nifty was up by 54.70 points at 11,971.90.

Hinting at a big boost to the realty sector, Finance Minister Nirmala Sitharaman on Tuesday said that the government and the Reserve Bank of India (RBI) are in the process of resolving the issues faced by the real estate sector.

(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement