Sensex skyrockets 958 points to fresh peak as global markets brush aside hawkish Fed
The Hindu
Bajaj Finserv topped the Sensex gainers' chart.
The BSE Sensex vaulted 958 points to scale a fresh lifetime high on Thursday, propelled by across-the-board buying amid a positive trend in global equities despite hawkish comments from the U.S. Fed.
Robust gains in the rupee further buoyed sentiment, traders said.
Reversing the previous session's lethargy, the 30-share BSE Sensex zoomed 958.03 points or 1.63 % to end at an all-time high of 59,885.36. It scaled a new peak of 59,957.25 during the day.
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Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
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Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.