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Nifty, Sensex hit new highs in early trade as Fed-driven global rally extends

Benchmark Nifty 50 and Sensex indexes opened at a new all-time high on Friday, tracking the global stocks rally on elevated bets of a US rate cut by March 2024, after the Federal Reserve's policy meeting earlier this week.

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At 9:15 am, the S&P BSE Sensex added 0.44% to 70,821.30 while the NSE Nifty 50 index rose 0.45% to 21,279.25 points.


ON Thursday, the 30-share BSE Sensex jumped 929.60 points or 1.34% to settle at 70,514.20, its all-time closing high. During the day, it surged 1,018.29 points or 1.46 per cent to hit its all-time intra-day peak of 70,602.89.


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