Leaders Online Desk: Sensex and Nifty in the Indian stock market recorded new record highs on Friday (24th). But after that both the indices were flat. The Nifty 50 index touched an all-time high of 23,000 in the morning trade. While the Sensex reached a new high of 75,582. The Sensex then fell 100 points to 75,300. While Nifty came to 22,950.
The market got support from a rally in banking and financial stocks to reach new highs today. While FMCG, realty and pharma stocks witnessed declines. Despite the possibility of an early interest rate cut by the US Federal Reserve, it has not seen any major impact on the Indian stock market.
Shares of LT, Ultratech Cement, SBI, Tata Steel, Wipro, HDFC Bank are showing gains on Sensex. TCS, M&M, ITC, ICICI Bank, Titan, IndusInd Bank shares have fallen.
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