India's GDP for the April-June (Q1) quarter of the ongoing fiscal will be released today, 31 August 2021
IEX hit a record intraday high of Rs 521.55 in today's session. The scrip has rallied 180.7% from its 52-week low of Rs 181 hit on 4 November 2020.
BSE MidCap index hit a fresh lifetime high of 23,740 in opening trades and the BSE SmallCap index was quoting at 26,842 up by 152 points or 0.57%.
After hitting lifetime high of 56,958.27 during the day, Sensex closed at 56,889.76, up 765.04 points or 1.36%.
Morgan Stanley said that Zomato has strong business moats with the potential to add new adjacencies.
In early deals, Sensex advanced 370 points or 0.66% to touch a new peak of 56,494 while Nifty 50 advanced 100 points or 0.60% to 16,806.
Some support will come as foreign portfolio investors (FPIs) pumped in a net of just Rs 986 crore in Indian equities during August
Beijing is reportedly looking at new rules that would restrict domestic internet firms from going public in the US.
According to the estimates of the IMF, the global economy would recover smartly in 2021 and would continue strong in 2022.
At the close of trade on Friday, the market capitalisation of all BSE-listed companies advanced to an all-time high of Rs 2,43,73,800.36 crore.