• Thursday, December 08, 2022

ASIA

Indian stocks soar to new records in ‘peculiarly powerful rally’

Bombay Stock Exchange’s Sensex index extended its golden run, rising 0.39 per cent.

By: Eastern Eye Staff

India’s stock markets hit record highs on Tuesday (25) with the National Stock Exchange’s much-watched Nifty index breaking the psychological 10,000-point mark for the first time as traders take heart from economic reforms. The Nifty, which is made up of 50 of India’s top companies across more than a dozen sectors, rose 0.45 per cent, or 44.90 points, to hit 10,011.30 shortly after opening. That came as the Bombay Stock Exchange’s Sensex index extended its golden run, rising 0.39 per cent, or 128.43 points, to 32,374.30, also an all-time high as Indian equities enjoy a months-long rally. The two markets have…

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