Sensex nears 70k, Nifty 21k, BSE m-cap at all-time high

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Sensex and Nifty closed at new highs for the third and fourth consecutive sessions, respectively. The Sensex reached an all-time high at 69,745 points, while the Nifty touched a new life high at 20,962 points. Improved investor sentiment, falling crude oil prices, and hopes of rate cuts by the US Federal Reserve boosted investors' confidence. Domestic funds had a net inflow of Rs 1,372 crore, while foreign investors were net sellers at Rs 80 crore. The day's gains added Rs 2.4 lakh crore to investors' wealth, with BSE's market capitalisation now at Rs 355.6 lakh crore.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GcPjJA4

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