Sensex sprints to 69k for 1st time on foreign fund buying
Tuesday, 5 December 2023 Sensex and Nifty reached new all-time highs fueled by strong gains in stocks and increased foreign fund buying. The market rally, which began on Friday with expectations of a strong showing by the BJP-led coalition, continued on Monday and extended further on Tuesday. Falling US gilt yields, stable crude oil prices, and strong GDP growth data also boosted investor sentiment. Despite cautiousness among global peers, foreign funds net bought stocks worth Rs 5,224 crore.
Sensex and Nifty hit new all-time highs driven by strong foreign fund buying. Sensex touched 72,120 points, closing just below that mark at 72,038, up 702... IndiaTimes
Tuesday, 5 December 2023
