Sensex Hits Record 70,000 Mark, Nifty Tops 21,000 in Bank-Driven Rally

11 Dec 2023 , 01:54 PM

BSE Sensex achieved a historic milestone, surpassing 70,000 for the first time with a boost from bank stocks. Nifty50 also reached a new all-time high, trading above 21,000 in the current session.

Sensex records a 0.11% increase from the previous close, trading at Rs 60,903 at the time of writing. Nifty registers a 0.09% hike from the previous close, standing at Rs 20,987 in the current session.

Broader market indices outshine the Nifty and Sensex, demonstrating strong performance. India VIX shows nearly a 4% increase, indicating heightened volatility in today’s session.

All sectoral indices, except pharma, experience positive trends, with media and PSU bank indices leading the way.

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