Budget in mind, D-St bulls cross 'historic' milestone
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Mumbai: India's equity indices closed at fresh highs on Thursday, with Nifty and Sensex crossing the 24,000 and 79,000 milestones, respectively, for the first time, maintaining their bullish momentum since the election results earlier this month, amid high expectations from the budget after President Droupadi Murmu's speech in Parliament Thursday. Analysts said the sustained run-up in indices of late is part of the pre-budget rally, aided by renewed flows from foreign investors in June. The optimism, however, did not rub off on the broader market where there were more losers than gainers. The Nifty advanced 0.74%, or 175.70 points, to close at 24,044.5, after hitting a lifetime high of 24,087.45. Agencies The Sensex recorded a high of 79,396.03 before closing at 79,243.18, up 0.72%, or 568.93 points, over the previous day. Both indices have gained 9.9% since the election results on June 4 in a near-uninterrupted rally.“The markets...