• Source:JND
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Stock Market Today: Following the previous trading session's record highs, Indian benchmark indices began at a record high on Wednesday, bolstered by positive global signals. The Sensex, an index of the top 30 stocks on the BSE, opened at over 77,418, while the Nifty 50, an index of the top 50 stocks on the NSE, opened at over 23,629.

The 30-share BSE Sensex rose 280.32 points to an all-time high of 77,581.46 during early trade, marking the fifth consecutive session of gains. The NSE Nifty climbed 72.95 points to a new record high of 23,630.85.

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Among the 30 Sensex companies, ICICI Bank, IndusInd Bank, Axis Bank, Kotak Mahindra Bank, JSW Steel, Infosys, Tata Consultancy Services, and HDFC Bank were the top gainers. NTPC, Power Grid, Titan, and Bajaj Finance were among the laggards.

Seoul, Tokyo, and Hong Kong traded higher in Asian markets, while Shanghai was down. On Tuesday, US markets ended in positive territory. According to stock exchange data, foreign institutional investors purchased equities worth Rs 2,569.40 crore on Tuesday. The global benchmark Brent crude oil price climbed 0.01 percent to $85.34 per barrel.

Fitch Ratings raised India's growth forecast for the current fiscal year to 7.2 percent from the 7 percent anticipated in March on Tuesday, citing a recovery in consumer spending and increased investment. The Bahrain Stock Exchange index rose 308.37 points, or 0.40 percent, to settle at a new closing high of 77,301.14 points on Tuesday. The Nifty index climbed 92.30 points or 0.39 percent to reach a record closing level of 23,557.90.

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(With agencies inputs)