Nifty opens at fresh record high, Sensex up 300 points; L&T, RIL, Lupin in focus

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Indian markets opened larger on Tuesday, with the benchmark Nifty 50 hitting a report excessive for the second consecutive session.
At 9:16 am, the Nifty 50 index was up 0.45% at 20,079.50, whereas the S&P BSE Sensex rose 0.44% to 67,443.08.
On Monday, Nifty hit the 20,000-point mark for the primary time on sturdy shopping for by home funds as retail traders proceed to put money into shares by way of mutual funds. The profitable completion of the G20 leaders’ summit in Delhi too lifted investor sentiment on Monday.
Markets gathered momentum within the later a part of the session on Monday. The Nifty closed 176 factors larger at 19,996, additionally a brand new all-time excessive. The sensex gained 528 factors to shut at 67,127 factors. The index is lower than 500 factors away from its all-time peak of 67,619 factors, recorded on July 20 this yr.
Reliance Industries: KKR raised its stake in unit Reliance Retail, by investing a further $250 million in a deal valuing the retailer at $100 billion.
Energy Grid Company of India: Firm declared as profitable bidder to ascertain inter-state transmission system venture for energy evacuation in Rajasthan.
Larsen & Toubro: Firm elevated the buyback value to Rs 3,200 from Rs 3,000 per share.
NTPC: Firm signed cope with Nayara vitality for inexperienced hydrogen manufacturing.
ICICI Financial institution: RBI approves re-appointment of Sandeep Bakshi as managing director and chief government for 3 years till Oct. 3, 2026.

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