Sensex At Record High

Morgan Stanley sees the Sensex at 107,000 by December 2026 translating into an upside of around 24 per cent from the current levels

Where to invest in Indian stock market: As Sensex and Nifty indices hit new record highs, analysts decode best sectors to invest in right now

The superior EPS growth rate in India, Goldman Sachs believes, would come on the back of strong structural growth and demographic tailwinds

Stock Market News: The BSE Sensex soared 1,500 points today to hit a fresh record high of 84,694.5 intraday. The Nifty50, too, saw robust gains of 433 to it a new high of 25,849

The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days

Analysts believe there is more room for an upside going ahead, but investors need to be patient as it will not be a runaway rally for the markets from here on.

The share price of RVNL rose after the it announced that the company has emerged as the lowest bidder (L-1) for a project from East Coast Railway worth Rs 160 crore.

The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70

Bharat Electronics, Larsen & Toubro, Hindustan Aeronautics, CG Power, Bharat Heavy Electricals and Schaeffler India have rallied between 7% and 9% in intra-day trade

Stock Market Highlights on May 27, 2024: Among sectors, the Nifty PSU Bank index gained over 1 per cent, and the Nifty Bank 0.6 per cent

ITC and Tata Motors have zoomed 33 per cent each since December 1, and have led the rally in the 30-pack index

Analysts expect the US dollar to weaken, oil prices to moderate, and interest rates to remain low under president-elect Joe Biden's administration, providing a tailwind for domestic equities

Among stocks, HDFC twins, Reliance Industries (RIL), TCS, Infosys and Hindustan Unilever (HUL) emerged as the biggest contributors to the index's gains

ICICI Bank, HDFC Bank, L&T, IndusInd Bank, Reliance Industries (RIL) and ITC contributed the most to the S&P BSE Sensex's gains.

The surge in FII flows is seen as the key reason behind the market's seventh straight weekly gain

Foreign inflows have seen a resurgence as global funds purchased a net $8.4 billion of Indian shares in the first three months of the year

Foreign inflows have seen a resurgence, given global funds purchased a net $7 billion of Indian shares in the first three months of 2019

Sensex slips after scaling new high

According to experts, investors widened their portfolios amid hopes of a win for the incumbent NDA government, following the announcement of 2019 general election dates Sunday

With Monday's rally, the Indian markets cemented their position as the best-performing Asian market.