Home FINANCE Sensex opens at record high, Nifty surpasses 23,500 – India TV

Sensex opens at record high, Nifty surpasses 23,500 – India TV

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Image Source : FILE Business stock exchange building.

Indian shares surged to new record highs in early trading, tracking gains in global equities. The NSE Nifty 50 rose by 0.31% to 23,629.85, while the S&P BSE Sensex climbed 0.31% to 77,543.22. The rally was driven by expectations of an early rate cut by the Federal Reserve, following soft US retail sales data. Twelve of the 13 major sectors recorded gains, with 46 out of Nifty 50 companies advancing.