Sensex hits 82,000, Nifty 25,000 for 1st time as US rate cut nears
Business new tamfitronics MUMBAI: A strong US market close the previous night backed by dovish comments by the Fed chief lifted sentiment on Dalal Street on Thursday which saw the sensex break above the 82,000 mark for the first time and the Nifty above the 25,000 milestone. The indices, however, closed lower than their respective all-time highs as profit taking at higher levels had set in due to the rising geopolitical tensions in West Asia, market players said.The day's session started on a high note with the sensex rallying to an intraday high at 82,129 points while Nifty recorded its all-time high at 25,078 points.At close, the sensex was at 81,868 points, up 126 points (0.2%) while Nifty was at 25,011 points, up 60 points (0.2%).Outside of the leading indices, there was strong...
