Nifty 50 hits record high; 5 key factors that drove the market

The domestic equity market witnessed healthy gains on Friday, December 1, with the benchmark Nifty 50 hitting its fresh record high of 20,291.55 in the intraday session on all-round buying after India’s Q2 GDP numbers exceeded expectations.

Nifty 50 finally closed 135 points, or 0.67 per cent, higher at 20,267.90 while the Sensex ended the day at 67,481.19, up 493 points, or 0.74 per cent.

Sensex remained 446 points away from its all-time high of 67,927.23 which it hit on September 15 this year.

(More to come)

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Updated: 01 Dec 2023, 03:38 PM IST

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