Indian benchmark indices closed at record high with both Nifty and Sensex rising over three percent. Better than expected GDP print for Financial Year 2024 and other positive global cues added to the positive momentum.
Sensex, which had opened at a record high of 76,583 climbed further to touch 76,738 points in intra-day trades, which is the 30-stock index’s fresh all-time high. At close, the Sensex had pared some of the gains at 76,468 up 2,507 points, or 3.39 percent.
Similarly, the Nifty 50, which had also opened at a record high of 23,337 points created a fresh-all-time high by climbing to 23,339. At close, the 50-stock index was at 23,264 up 733 points, or 3.25 percent.
In the forex market, rupee jumped to over two-month high closing level and settled with a gain of 28 paise at 83.14 against the US dollar, boosted by a robust sentiment in domestic equity markets on the back of strong macroeconomic data and exit poll results.
In the Global Crude Market, Brent Crude is trading at 80.89 Dollars per Barrel, WTI Crude is trading at 76.74 Dollars per Barrel, when reports last came in.
In the Global Commodity Exchange, for 5th June 2024 Contract, Gold is trading at 71,550 rupees per 10 grams, Silver, for 5th July 2024 contract, is trading at 91,676 rupees per kg, when reports last came in.
