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Apr 1, 01:56 AM
Sensex Hits 74k, Nifty Tops 22,490; Nifty's FY24 Gain of 28% Highest in 20+ Years
India
World

Sensex Hits 74k, Nifty Tops 22,490; Nifty's FY24 Gain of 28% Highest in 20+ Years

Authors
  • TIMES NOW
  • Hindustan Times
  • Economic Times
7

The Indian stock market witnessed significant movements, with the Sensex and Nifty hitting record highs in the early days of the financial year 2025. On the final trading day of FY24, the Sensex surged by over 1,000 points, marking a broad-based rally ahead of the F&O expiry, and eventually settled at 73,651.35, up by 655.04 points. The Nifty also saw a substantial rise, topping 22,490 and closing at 22,326.90, up by 203.25 points. This bullish trend continued into the first day of FY25, with the Sensex and Nifty reaching new record highs of 74,255 and 22,530, respectively, in intra-day trade. The Sensex closed the day at 74,015, up by 363 points, while the Nifty settled at 22,462, up by 135 points. The Nifty registered its biggest single financial year gain in over 20 years, with a 28% increase in FY24, led by significant contributions from sectors like Realty, which saw a 132% increase.

Written with ChatGPT (GPT-4).

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