Indian benchmark indices closed higher for the 3rd straight session, with Sensex touching a fresh all-time high following the RBI’s decision to keep the benchmark repo rates unchanged.
The 30-stock BSE Sensex, which had opened lower at 75,032 climbed in the afternoon session to touch its all-time high of 76,795 in intraday trades. At close, the Sensex was at 76,693 up 1,619 points, or 2.16 percent. Similarly, Nifty, which had also opened flat at 22,822 climbed to an intraday high of 23,320 only 18 points short of its all-time high. At close, the Nifty 50 was at 23,290 up 469 points, or 2.05 percent.
In the forex market, the Indian rupee ended at 83 rupees and 38 paise against the US dollar.
In the Global Crude Market, Brent Crude was trading at 80.11 dollars per Barrel, WTI Crude is trading at 75.81 dollars per barrel, when the reports last came in.
In the Global Commodity Exchange, for 5th August 2024 Contract, Gold was trading at 72,055 rupees per 10 grams, Silver, for 5th July 2024 contract, was trading at 91,642 rupees per Kilogram, when the reports last came in.
Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).