Markets expected to scale new record heights today when they open for trade. Markets scaled new record highs on Wednesday as Sensex closed above 72,000 mark for the first time. Nifty hit a record high of 21,654.75, registering an increase of 1%, or 213 points, while the S&P BSE Sensex was up almost 1%, or 701 points, to close at 72,038.43 on Wednesday. Metal stocks helped the rally amid a broader positive cue in global markets. Mainly, large-cap stocks drove the markets to fresh highs on Wednesday, as both foreign portfolio investors and direct retail investors stepped up buying. There were total 27companies in green and three in the red at the Sensex showing a positive mood in the market. In the Nifty, there were 39 of its constituents in the green and 10 in red and one unchanged. The rupee falls 16 paise to settle at 83.35 (provisional) against US dollar.
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Aniket Pujari is a passionate finance and technology enthusiast with a strong academic background in Financial Markets. Since 2015, he has been deeply immersed in the world of cryptocurrencies, blockchain technology, and global financial systems, building a wealth of knowledge and expertise in these rapidly evolving fields.
