Sensex and Nifty have remained consistently positive, with gains of over 7 per cent in December and 17.3 per cent and 18.4 per cent respectively this year, attributed to healthy macro numbers, cooling US inflation, falling bond yields and dollar, and buying by FPIs.
Nifty 50 hit a fresh peak of 20,958.65 points in today s trade, extending its winning streak for the fourth consecutive trading session. In December so far, the index has gained 783.35 points, or 3.90%.
Nifty 50 gains 1.64% and establishes a new peak, while S&P BSE Sensex reaches a new record high. Nifty Auto, Nifty Infra, Nifty Energy, Nifty Metal, and Nifty Pharma also reach all-time highs.
Foreign institutional investors (FIIs) bought ₹2,238 crore in Indian stocks, while domestic institutional investors (DIIs) sold ₹1,197 crore. Sensex and Nifty 50 hit new highs, driven by strong IT stock performance.