Stock Market Live Updates: Sensex and Nifty open at new peaks driven by economic optimism

Sensex, Nifty, Share Prices LIVE: India’s benchmark indexes surged to unprecedented highs driven by robust macroeconomic data, anticipated U.S. rate cuts, and the Bharatiya Janata Party’s success in crucial state elections. The 30-share BSE Sensex climbed 172.72 points to 69,037.84, while the NSE Nifty gained 55.85 points, reaching 20,742.65 at the opening bell. Notable gainers included BPCL, Axis Bank, M&M, Adani Enterprises, and Apollo Hospitals, while HCL Tech, SBI Life, Infosys, Bajaj Auto, and LTIMindtree faced losses. Both the Nifty 50 and BSE Sensex marked their strongest session in 14 months on Monday, settling in overbought territories. Meanwhile, Wall Street retreated ahead of key U.S. labour market data, impacting Asian markets, as foreign portfolio investors and domestic institutions displayed strong interest in Indian shares. Read More | Source: The Hindu Business Line