The Sensex opened at a record high of 62,501.69 on Monday, as investors continued to buy on hopes of strong economic growth. The index rose 629.07 points, or 1.02%, from its previous close.
The gains were led by heavyweight Reliance Industries, which rose 2.3%. Other major gainers included HDFC Bank, Infosys, and Tata Consultancy Services.
Investors were also encouraged by positive economic data released on Monday. The government said that India's GDP grew at 7.8% in the fourth quarter of 2022, beating expectations.
The Sensex has now risen for four consecutive sessions. The index is up 14.4% so far this year.
Key Takeaways
- The Sensex closed at a record high of 62,501.69 on Monday.
- The index rose 629.07 points, or 1.02%, from its previous close.
- The gains were led by heavyweight Reliance Industries.
- Investors were also encouraged by positive economic data released on Monday.
- The Sensex has now risen for four consecutive sessions.
People also ask
⚐ What are the top stocks to invest in right now?☵ What happens to stocks when they're delisted?