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Sensex opens at 80,322, Nifty at 24,369 as Indian markets hit record highs
Updated On: 04 July, 2024 10:41 AM IST | Mumbai | mid-day online correspondent
The Nifty 50 index opened at a record 24,369 points, while the BSE Sensex hit an all-time high of 80,321.79 points.
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On Thursday, Indian markets reached fresh historic highs, with both major indices setting records in the opening session. The Nifty 50 index opened at a record 24,369 points, while the BSE Sensex hit an all-time high of 80,321.79 points. This positive tendency has continued since the June 10 rally, when the Sensex soared by more than 3,000 points to date, reported ANI.
"Strong US and Asian market cues are pointing to another day of strong momentum in India. Weak US economic data is raising hopes for a September rate cut by the US Fed. That probability is up to 73 per cent, and US yields fell in tandem with that outlook," Ajay Bagga, Banking and Market Expert told the news agency.
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