Record Highs for Sensex & Nifty Amidst Strong Foreign Inflows & FMCG Sector Boom

Mumbai: Equity benchmark indices, Sensex and Nifty, hit fresh record highs on Wednesday, driven by strong foreign capital inflows and robust buying in banking and FMCG stocks.

The 30-share BSE Sensex rose 474.46 points or 0.71% to close at an all-time high of 67,571.90. It touched an intraday high of 67,619.17 during the day. The NSE Nifty climbed 146 points or 0.74% to end at a record closing high of 19,979.15, hitting an intraday peak of 19,991.85.

ITC led the gainers on Sensex, rising nearly 3%, followed by Kotak Mahindra Bank, ICICI Bank, Maruti, Bharti Airtel, and others. Conversely, Infosys, UltraTech Cement, HCL Technologies, and some others experienced losses.

Foreign Institutional Investors (FIIs) continued their buying spree, purchasing equities worth ₹1,165.47 crore on Wednesday, according to exchange data. While Asian markets ended lower, European and US markets closed in the green. Global oil benchmark Brent crude stood at USD 79.56 a barrel, registering a 0.13% increase.