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Given the volatility, which hit a fresh two-year high at around 24 ahead of the mega event - Lok Sabha election results, the Nifty 50 index is likely to consolidate further with immediate support at 22,800 and then 22,600, whereas 23,000 is expected to be the hurdle on the higher side.
Mumbai: Benchmark equity indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors’...
Benchmark equity indices Sensex and Nifty hit their new all-time peaks in early trade on Monday in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement. Stock Market Today: Sensex, Nifty Hit New All-Time Peaks in Early Trade Amid Positive Global Cues.
During this rally, 14 Sensex stocks were positive. Bharti Airtel led with a 15% increase, adding Rs 1.13 lakh crore in mcap
The broader market also showed signs of strength, with the BSE MidCap index rising by 0.97% and the BSE SmallCap index edging up by 0.16%.