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Four reasons why Sensex, Nifty hit new all-time highs today

The indices continued their rally with the Sensex hitting a all-time high of 30,366.69 while the NSE Nifty scaling a new peak of 9,450.65 in opening trade today.

 
 
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S Chand & Company (S Chand) has listed at a 3 per cent gain at Rs 689 against its initial offer price of Rs 670 per share on the BSE.
Benchmark indices ended the day on a flat note with Bank Nifty as the main sectoral loser.
The market opened on a positive note and rallied in trade today. However, the BSE Sensex settled the day below 30,000 with Lupin as the day's top gainer.
The Sensex ended the session on a high note on the gains of banking stocks led by ICICI Bank.
State Bank of India (SBI), the biggest lender, has further cut interest rates by up to 50 basis points (bps) on fixed deposits (FDs) over two years.
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