• Thursday, August 11, 2022

Business

Positive Global Cues, Strong Domestic Fundamentals Lift Indian Stocks to Record High

Positive Global Cues, Strong Domestic Fundamentals Lift Indian Stocks to Record High.

By: Radhakrishna N S

Indian stocks recorded a new high on Tuesday (28) supported by energy and IT shares and positive global fundamentals fuelled by an understanding between the United States and Mexico to improve the North American Free Trade Agreement. India’s IT giants, Tata Consultancy Services (TCS) and Infosys recorded an uptick of 1.06 per cent and 0.75 per cent respectively against the previous close as of 13.50 IST. Earlier in the day TCS shares opened at Rs 2052.75 and reached a high of 2070 whereas, Infosys shares opened at Rs 1416.00 and touched a high of Rs 1438.50. Benchmark Bombay Stock Exchange…

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