Share Market Highlights 08 December 2023: Sensex gains 300 pts, Nifty hovers around 21,000 as RBI maintains rates

Sensex, Nifty updates on 08 December 2023 – Benchmark Sensex and Nifty rebounded to close at their new lifetime highs on Friday after the Reserve Bank raised the growth forecast for the current fiscal and kept policy rates unchanged, triggering heavy buying in banking and other rate-sensitive stocks. The 30-share BSE Sensex rose 303.91 points, or 0.44 per cent, to hit its new peak of 69,825.60. The index touched the highest intra-day level of 69,893.80. The broader index Nifty also climbed 68.25 points or 0.33 per cent to reach a fresh record high of 20,969.40. Among major Sensex movers, HCL Tech logged the biggest gain of 2.69 per cent, followed by JSW Steel (2.44 per cent) and Infosys (1.67 per cent. Other gainers included HDFC Bank, Titan, Axis Bank and ICICI Bank. In contrast, ITC, Mahindra & Mahindra and Bajaj Finance were among the laggards.

Stock Market | Share Market Updates – Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 08 December 2023.

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