Indian Equities Hit Record High on ThursdayIndian Equities Hit Record High on Thursday Indian stock markets soared on Thursday, reaching record highs driven by buying in technology (IT) and pharmaceutical stocks. The Nifty 50 index closed 0.06% higher at 24,302.15, while the Sensex rose 0.08% or 62.88 points to close at 80,049.67. Stocks in the News Several stocks made headlines during Thursday’s trading session: * IT Stocks: IT stocks such as Tata Consultancy Services (TCS), Infosys, and HCL Technologies witnessed strong buying support, contributing to the overall market rally. * Pharma Stocks: Pharmaceutical companies like Cipla, Dr. Reddy’s Laboratories, and Sun Pharmaceutical also performed well, driving up the sector’s index. * Bank Nifty Flat: The Bank Nifty index, which tracks the performance of banking stocks, initially hit fresh highs during intraday trading. However, it closed flat with a positive bias at 53,103.7.
Indian equities supported by buying action in IT and pharma stocks ended Thursday’s session at a record high. The Nifty 50 index closed 0.06 percent higher at 24,302.15, while Sensex closed at 80,049.67, up 0.08 percent or 62.88 points. Meanwhile, Bank Nifty, after recording fresh highs in intraday trade, ended flat with a positive bias at 53,103.7.
These are the stocks that were in the news today:
