Stock market rally today: BSE Sensex and Nifty50 surged to life-time highs in trade on Thursday. While BSE Sensex, hit a lifetime high of almost 75,500, Nifty50 touched just short of 23,000 level.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Thursday. While Sensex rallied to a life-time high of above 75,300, Nifty50 crossed 22,900 levels.
Aggregate demand momentum in India is rising, with the overall non-food spending being pushed up by green shoots in rural spending recovery, the Reserve Bank of India said in its monthly bulletin on Tuesday. "Recent indicators are pointing to a quickening of the momentum of aggregate demand. In the personal consumption space, Nielsen IQ data indicate that a welcome pivot is underway that will boost this category of spending," the RBI said in its 'State of the Economy' article.
Infosys founder NR Narayana Murthy believes that Gen AI will enhance human productivity and contribute to solving complex problems, as technology has consistently done in the past.