Stock Market highlights on December 1, 2023: Nifty hits record high; Sensex settles 493 points higher

Sensex, Nifty, Share Prices highlights: Stock markets rallied on robust GDP data, beginning December on a firm note. The NSE Nifty hit a historic high of 20,282. BSE Sensex closed 493 points higher at 67,481. Parth Nyati of Tradingo noted bullish sentiments, foreseeing Indian equities’ potential to outpace global peers. Shrey Jain from SAS Online highlighted notable Open Interest in Nifty and Bank Nifty derivatives, advising cautious market approaches amidst non-directional exit polls. Both experts suggested potential volatility around state elections and advised partial profit bookings amidst the recent one-way rally. Read More | Source: The Hindu Business Line