Saturday , November 23 2024

Gold rises on the first day of the financial year, Sensex-Nifty touch new all-time high

Ahmedabad: The first day of the new financial year 2025 proved to be a record for the stock and gold and silver markets today. On the basis of latest gains, Sensex and Nifty reached new all-time high today. Today in Ahmedabad also gold reached Rs 500. Reached a record high of 71,000.

BSE Sensex touched a new all-time high of 74254.62 and NSE Nifty touched a new all-time high of 22529.95 today on fresh buying by local funds and players amid strong expectations of formation of a stable government after the upcoming Lok Sabha elections. However, at the end of the trading session, Sensex lost its high gains and remained strong at 74015, up 363 points due to profitable selling pressure at higher levels. Whereas Nifty increased by 135 points and remained strong at 22462.

Due to the rise in Sensex, the wealth of investors increased today to Rs. 6.18 lakh crore increase and ultimately Rs. ₹393.15 lakh crore Meanwhile, in the global market where inflation rate in the United States is slowing down, increasing the possibility of interest rate cut, gold rose to $2266 and stood at $2245 late in the evening. While silver was $24.95. After this report, today gold reached Rs (99.9) in the gold and silver market of Ahmedabad. Rs 500 were increased. Reached 71000. While silver is Rs. 75,500 remained strong.