Stock market at new heights; Sensex climbed 300 points, Nifty touched 25250
Sensex Opening Bell: On Friday, Sensex and Nifty were seen trading at their new all-time high. While the Sensex climbed up to 300 points in early trade, the Nifty reached 25250 for the first time.
The domestic stock market reached a new height on the last trading day of the week. On Friday, Sensex and Nifty were seen trading at their new all-time high. While the Sensex rose up to 300 points in early trade, the Nifty reached 25250 for the first time.
At 9.50 am, the Sensex was trading up 289.19 (0.35%) points at 82,391.27. The Nifty too had risen 86.90 (0.35%) points to 25,238.85.
The US economy grew at a robust annual rate of 3% in the last quarter, according to the report on Thursday, as strong consumer spending and business investment boosted the country. These figures have further reduced recession fears.