Market Today: S&P BSE Sensex scaled a fresh all-time high of 63,588 on the BSE in the intra-day trade on Wednesday, surpassing its previous high of 63,583 touched on December 1, 2022.
Profit booking in M&M, ITC, Axis Bank, IndusInd Bank, Bajaj Finance, and Maruti Suzuki, however, dragged it off highs. It, eventually, settled at 63,523, up 195 points or 0.31 per cent.
Global Cues
Tokyo stocks opened lower on Wednesday after the talk that markets are overbought led to falls on Wall Street, with investors shifting focus to speeches by Federal Reserve officials. The benchmark Nikkei 225 index was down 0.39 per cent, or 130.27 points, at 33,258.64 in early trade, while the broader Topix index slipped 0.34 per cent, or 7.82 points, to 2,276.03.
US stocks softened on Tuesday, closing in negative territory as investors began the holiday-shortened week by taking profits in the wake of a sustained rally amid signs of weakening global demand.
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