News Brief
New Lifetime Highs For Sensex And Nifty As Indian Stock Market Continues Its Rally, Tech Companies Biggest Gainers
Nishtha Anushree
Jan 12, 2024, 03:27 PM | Updated 03:36 PM IST
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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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Nishtha Anushree is Senior Sub-editor at Swarajya. She tweets at @nishthaanushree.
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