Nifty hits record high: Sensex continues to move higher

Investors' wealth increased to Rs. 229 lakh crore reached new heights

AHMEDABAD: The Nifty closed at a record high of 15752 on fresh buying by local funds on the back of other favorable reports, including a move to revive the ailing economy. While the Sensex was moving towards a new high.

After the lockdown imposed by various states in the second phase of the transition, now that the unlock phase has announced massive concessions, there was optimism that the economy would thrive again. In addition, optimism has been heightened by various steps taken by the government. On the other hand, the issue of vaccination also had a positive impact on the market.

Following these reports, the intra-day Nifty rose to a record high of 15,773 and closed at a record high of 15,751.65. The BSE benchmark Sensex rose by 228.46 points to close at 52328.51.

Investors' wealth (BSE market cap) rose by Rs. 1.81 lakh crore to Rs. 229.01 lakh crore. Today, foreign investors have invested Rs. 186 crore was under sale. While local bodies spend Rs. 984 crore new purchases.