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Reading: Metals, energy stocks power India’s blue chips, mid-caps to record closing highs
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Econo Asia™ > Blog > News > Markets > Bombay Stock Exchange (BSE) > Metals, energy stocks power India’s blue chips, mid-caps to record closing highs
Bombay Stock Exchange (BSE)

Metals, energy stocks power India’s blue chips, mid-caps to record closing highs

NEWSROOM
Last updated: April 16, 2024 4:23 pm
By NEWSROOM
1 Min Read
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By Bharath Rajeswaran

BENGALURU (Reuters) -India’s benchmark indexes and mid-cap stocks settled at record closing highs on Wednesday, led by metal and energy stocks on expectations of strong global demand, while investor focus turned to key U.S. inflation data.

The NSE Nifty 50 was up 0.49% at 22,753.80, hitting an all-time high in intraday trade for the third straight session, while the S&P BSE Sensex added 0.47% to 75,038.15.

Both the blue-chip indexes logged record closing highs, with the Sensex settling above 75,000 for the first time.

The broader, more domestically-focussed small- and mid-caps rose about 0.75% and 1%, respectively, with…



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