Nifty, Sensex soar again! Benchmark stock indices clock in fresh record highs; here's why

Both the Indian benchmark indices, Sensex and Nifty, soared to fresh lifetime highs on Tuesday (July 2). BSE Sensex clocked in a record high at 79,855.87, while the broader NSE Nifty 50 index crossed the 24,200 level for the first time

Both the Indian benchmark indices, Sensex and Nifty, soared to fresh lifetime highs on Tuesday (July 2). In the early trade, the 30-share BSE Sensex rose 0.47 per cent or 379.68 points to clock in a record high of 79,855.87. The broader NSE Nifty 50 index crossed the 24,200 level for the first time. The index advanced 0.39 per cent or 94.4 points to hit an all-time high of 24,236.35. Shares of Eicher Motors, Wipro, Tech Mahindra, HCL Technologies, and Hero MotoCorp were among the major gainers in the Nifty pack, while the losers were Bajaj Auto, Sun Pharma, Bajaj Finance, Tata Motors, and Adani Enterprises.