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Buying support, global cues buoy indices; telecom stocks rise
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Buying support, global cues buoy indices; telecom stocks rise (Ld)
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Global cues push equities higher; banking stocks shine (Ld)
By IANS |
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Bombay Stock Exchange. (File Photo: IANS). Image Source: IANS News
Mumbai, Aug 4 : Positive global cues along with hopes of a faster economic rebound buoyed India s key equity markets during the post-noon trade session on Wednesday.
Initially, India s benchmark indices started on a positive note with the global sentiments intact towards positivity, completely ignoring the spread of Delta variant around the world.
However, expensive valuations capped gains.
In the process, the S&P BSE Sensex hit intra-day record level of 54,440.8 points and the Nifty50 touched a new high of 16,290.2 points.
Hopes of faster economic rebound lift equities; Nifty crosses 16K-mark (Ld)
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Healthy sales, tax data buoy indices; realty stocks gain (Ld)
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