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Sensex, Nifty continue setting fresh highs; charts suggest further upside potential


Sensex, Nifty continue setting fresh highs; charts suggest further upside potential
Kshitij Bhargava
© Provided by The Financial Express
On Friday, Foreign Institutional Investors bought Rs 1,981 crore worth of domestic securities.
S&P BSE Sensex and NSE Nifty 50 were seen resuming their upwards march on Wednesday as the benchmark indices set record highs once again. Sensex now sits at 46,666 while the 50-stock Nifty is at 13,682. Broader markets outperformed benchmark indices and volatility slipped marginally. So far this month, benchmark indices have zoomed over 5.5% each already. On Thursday morning, cues from global peers were mixed as Dow Jones closed in red on Wednesday but NASDAQ and S&P 500 gained. Major Asian stock markets were trading higher except KOSPI. ....

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