Mumbai Sensex and Nifty Hit Fresh Highs Before Closing Flat
Mumbai witnessed a rollercoaster ride in the stock market on Tuesday as the Sensex and Nifty hit fresh highs before closing flat due to profit-taking in select banking and telecom shares amid mixed global cues.
The Sensex declined by 35 points to settle at 79,441 after jumping a whopping 380 points during the day to hit a record peak of 79,856. On the other hand, the Nifty declined by 18 points to close at 24,124, but not before climbing 94 points to reach a lifetime high of 24,236.
Key laggards on the Sensex included Kotak Mahindra Bank, Bharti Airtel, and IndusInd Bank.
Overall, it was a day of highs and lows in the Mumbai stock market with investors closely watching the volatile trade and making strategic moves. Stay tuned for more updates on the financial market trends.
