Markets end all time high: Nifty above 9,400-mark

Sensex at an all time time. Nifty closes at 9,407.30 as the day ends.

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Bombay Stock Exchange (BSE) gained 1% to touch 30,271.60, its highest ever.

Indian benchmark indices soared high throughout the day including the Nifty touching the 9,400-mark for the first time. Markets have gained momentum as shares of consumer goods and agriculture-dependent companies showed confidence after the India Meteorological Department (IMD)’s forecast of a better monsoon rainfall.

The NSE Nifty rose to a record high of 9,414.75, crossing its previous milestone recorded on 5 May. As the day ended, the NSE Nifty was pegged at 9,407.30. Today Nifty opened at 9,339.65 and gained 0.97% to reach 9,407.30. Also Bombay Stock Exchange (BSE) gained 1% to touch 30,271.60, its highest ever.

The sentiments are fueled by the victory of Emmanuel Macron, a market-friendly centrist, in French elections. Despite FBI Director James Comey’s dismissal by US President Donald Trump, Markets showcased bullishness. Though there are still apprehensions from the North Korean front, but Markets performed better considering Indian domestic optimism.

The police said that Kumar, a resident of Turbhe MIDC in Navi Mumbai, was driving his concrete mixer truck when it collided with an SUV.

‘Unleashed aggressive dog to stop probe’: Sacked IAS officer Puja Khedkar’s mother booked

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The mother of a dismissed IAS officer, Manorama Khedkar, has been booked by the police for obstructing an investigation and aiding suspects involved in a road rage incident. The incident occurred on September 13 and involved two men who allegedly kidnapped a truck helper.

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