Business

Sensex, Nifty hit all-time peaks

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Sensex all-time high

In the early trade, the 30-share BSE Sensex reached an all-time high as it surged by 104.38 points to 75,525.48. 

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Nifty gained

 Meanwhile, the Nifty index experienced a modest rise, gaining 15.45 points to stand at 22,983.10. 

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Major indices

In the broader market, all major indices including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Smallcap opened with gains on Friday.

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Which declined marginally?

Nifty Bank and Nifty Financial Services followed the rally, while Nifty Auto, Nifty FMCG, and Nifty IT declined marginally in the opening session

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Commodity markets

Gold prices have declined to Rs 71,500, down more than Rs 2,000 in just three days after US Fed announced the minutes of the policy meeting, which indicated no recent rate cuts.

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Rupee against dollar

The rupee appreciated by 12 paise to 83.17 against the US dollar on Friday, tracking a bullish trend in domestic equities, wherein benchmark indices scaled new peaks.

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