Business News
Home > Business News
Solid Q4 results, return of FIIs, improving macros drive market's record surge
TIWN
TIWN
PHOTO : TIWN
Chennai, June 18 : A combination of factors -- better corporate Q4 results in FY23, return of the foreign institutional investors (FII), Indias improving macroeconomic data, being the brightest among the emerging market and small investors not wanting to be left out and coming into the market -- have together taken the country's stock markets on a record high, said experts.
The Nifty of the NSE on Friday opened at 18,723.30 and touched a high of 18,864.70. The 52-week high point was 18,887.60.
Similarly, the Sensex of BSE opened at 62,960.73, touched a high of 63,520.36 and closed at 62,917.63 points. The highest level was 63,583.07 points.
Add your Comment
Comments (0)
More Business News
- Indian tech leaders stand behind Ola's Bhavish in his fight against Microsoft & LinkedIn
- How volatility hit the Indian markets in last three elections
- Dell discloses data breach of some customers’ names, physical addresses
- India on the cusp of becoming a global tech powerhouse: Industry leaders
- Air India Express row: 85 flights cancelled as cabin crew members continue strike