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Stock Market News: Sensex, Nifty hit record highs today. The Nifty index was seeing short covering for Calls in the range of 25,150-25,200 amid the weekly F&O expiry
The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days
Meanwhile, the market's attention in the next few weeks will shift to the outcome of the Gujarat assembly election and the monetary policy action of the Reserve Bank of India (RBI)
From its 3-year lows of 25,639, hit on March 24, 2020 amid the outbreak of Covid-19 pandemic, the benchmark index is now up 96 per cent
Realty, FMCG, banking sectors lifted Sensex but profit-booking towards fag end trimmed early gains