The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Ahmedabad Business

Sensex & Nifty Hit New Peaks, But Global Cues & Inflation Concerns Cast a Shadow.

by TLAteam January 12, 2024January 13, 2024
written by TLAteam January 12, 2024January 13, 2024
Sensex & Nifty Hit New Peaks, But Global Cues & Inflation Concerns Cast a Shadow.

The Sensex and Nifty reaching new all-time highs is a significant achievement, and it’s great to see the strong performance driven by the IT sector. Here are some of the key takeaways from your statement:

  • Strong market performance: The Sensex jumped over 840 points to close at 72,568, while the Nifty rose by 247 points to settle at 21,894. These are both new record highs for the indices.
  • IT sector leading the charge: Strong earnings reports from Infosys and TCS boosted investor confidence in the IT sector, leading to a significant rally in their stocks. This, in turn, fueled the overall market surge.
  • Investor wealth creation: The rise in the indices translates to a significant increase in investor wealth. This positive sentiment could further boost investment activity and contribute to continued market growth.

Indian markets rocket to record highs! IT giants Infosys and TCS blast off, fueling Sensex and Nifty past 72,500 and 21,800. Investor euphoria erupts as wealth creation surpasses Rs 3 lakh crore. Caution whispers amid the celebrations, with eyes on global cues and inflation worries. But for now, it’s all smiles: bulls charge, bears hibernate! 

Ahmedabad cityAhmedabad newsGujaratGujarat news
0 comment
previous post
Gujarat govt to hold cleanliness drive at religious places to mark Ayodhya temple consecration
next post
Vibrant Gujarat Summit 2024 ends, MoUs for Rs 26.33 lakh crore investments inked

You may also like

Honda Motorcycle & Scooter India Launches All-New CB750...

May 23, 2025

After Mother Dairy Amul Announces Rs 2 Per...

May 1, 2025

Gold Prices in Ahmedabad Hit One Lakh, Experts...

April 23, 2025

Ahmedabad set for R‘ERA’ in real estate market;...

December 30, 2023

Ahmedabad traffic police Collects Rs 4.34cr Fine For...

December 10, 2023

WordCamp Ahmedabad 2023: A Celebration of Growth, Learning,...

December 4, 2023

Wakefit Store in Ahmedabad offers free accommodation on...

November 18, 2023

Investment MoUs of Rs 20,000 Cr Signed with...

November 2, 2023

GI Outsourcing Announces its Business Expansion Plans in...

October 31, 2023

QSR Startup Ajay`s Opens First COCO Outlet In...

October 23, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • Late-Night Heavy Rain in Ahmedabad Causes Waterlogging, Brings Cooler Weather

    May 29, 2025
  • No More Queues: Property Registration May Go Fully Online

    May 29, 2025
  • IMD Predicts Heavy Rain in Gujarat, Kerala, Maharashtra; Storms Possible in Delhi NCR

    May 29, 2025
  • BRDS Brings Back Ahmedabad Fashion Week for Season 2

    May 29, 2025
  • NID Students Win First Place in Agricraft 2024 Competition

    May 29, 2025
January 2024
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
293031 
« Dec Feb »
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.