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The Times of India
The Times of India
Business
TOI Business Desk | TIMESOFINDIA.COM

'India coming of age': Sensex, Nifty soar to record highs in FY23-24. What's next

Nifty India United States Vinod Nair New Delhi

NEW DELHI: India's benchmark equity indices, sensex and Nifty, concluded the 2023-24 fiscal year with impressive gains, reflecting a broader bullish trend in global equities. This upward momentum was propelled by widespread buying across various sectors, despite challenges such as a depreciating rupee affecting market sentiment. The positive close for the fiscal year is attributed to robust demand in power, auto, and metal stocks, aligning with the bullish wave seen in international markets.

Sensex and Nifty's stellar performance

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