Stock Markets Reach New Highs Amid Festive Season Sales 🎉

Frontline indices the Sensex and the Nifty hit their fresh record highs of 67,927.23 and 20,222.45, respectively. Sensex closed at 67,838.63, up 320 points, or 0.47 per cent, while the Nifty settled at 20,192.35, rising 89 points, or 0.44 per cent. Thus, both indices ended at their fresh closing highs. Mid and smallcaps underperformed the benchmarks. The BSE Midcap index inched up by 0.09 per cent while the BSE Smallcap index rose 0.27 per cent.

E-commerce platforms are expected to clock sales of Rs 90,000 crore this festive season, which would translate to nearly 18-20% growth over the previous season according to the Redseer Report.
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