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Unlock hopes, Covid decline pushes Nifty to record high (Ld)
By IANS |
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Bombay Stock Exchange. (File Photo: IANS). Image Source: IANS News
Mumbai, May 28 : India s key benchmark equity index NSE Nifty50 touched a new record high level as fresh Covid cases declined, thereby, igniting hopes for a quick unlock.
Accordingly, global cues and accelerated pace of economic recovery led both the indices - Nifty50 and S&P BSE Sensex - to open higher.
During the trade session, all sectors barring Pharma and Auto traded in the green out of which Media and Metal sectors are showing the most strength.