Indian Stock Indices Reach New Highs, with the Sensex Climbing to 63,483

Sensex was up 372.27 points or 0.3 percent, while Nifty was up 98.85 points or 0.33 percent . Markets took 14 months to cover 63,000 from 66,000, according to National Stock Exchange data .

Mumbai (India): On todaymorning, Indian stock indices rose sharply, reaching their lifetime highs for the fourth day in a row.Sensex was up 372.27 points or 0.3 percent, while the Nifty was up 18,857.20 points, up 98.85 points or 0.33%.Markets took 14 months to cover 63,000 from 66,000, according to National Stock Exchange data.Among the Nifty 50 stocks, Hindalco, Tech Mahindra, HCL Tech, Infosys, and TCS were the top five gainers, while Bajaj Auto, Hindustan Unilever, Eicher Motors, UPL, and Cipla were the top five losers.According to NSDL data, US Federal Reserve Chair Jerome Powell predicted that moderated rate increases would According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the decline in the dollar index to 108.75 and the US 10-year bond yield falling sharply to 3.66% are highly encouraging for the continuation of foreign fund inflows.

We'd be surprised if it breaks the 80 level and rises to 79.00 as well.The rupee could face a strong resistance near 83.50, according to Raj Deepak Singh, Analyst-F&O, Currency and Commodities at ICICI Direct.

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