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What an incredible start to the new month! Indian benchmark indices, the Sensex and Nifty, have kicked off December by hitting brand new all-time highs on Monday. If you’re invested in the Indian market, this is certainly news to celebrate!
The surge is largely fueled by palpable investor optimism following the announcement of a stellar Q2 GDP growth rate of 8.2 per cent. This robust economic performance has clearly injected a significant dose of confidence into the market, pushing key indices into uncharted territory.
As of 9:30 am, both the Sensex and Nifty were demonstrating strong upward momentum, reflecting the positive sentiment. This exceptional growth figure not only highlights the resilience and strength of the Indian economy but also signals a promising outlook for businesses and investors alike.
For those tracking the market closely, witnessing these record highs is a clear indicator that the economic fundamentals are strong, and investor faith remains high. It’s an exciting time to be part of the Indian growth story!
Source: Original Article
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