November 29, 2022, 11:32 PM ISTSource: ANI
Extending the gains from the previous session, Indian stock indices rose this morning to hit new life highs. Strong inflows of foreign funds, the relative strength of the rupee and the hint from the US Fed to cut policy rates supported Indian equity markets. At the time of writing this report, Sensex was trading at 62,706.73 points, an increase of 201.93 points or 0.32 percent, while Nifty was trading at 18,626.70 points, an increase of 63.95 points, or 0.34 percent. Of the Nifty 50 companies, Apollo Hospitals, Hindustan Unilever, Dr. Reddy’s, Hindalco and Tata Steel are the biggest winners, while Bajaj Finserv, Tata Motors, BPCL, L&T and Maruti Suzuki are the biggest losers, according to National Stock Exchange data.