Stock Market Live: Sensex Hits Intraday Peak, Jumps 980 Points; Nifty Crosses 23,300; PSU Banks Lead Gains

Stock Market Live: The Sensex and Nifty50 began the session on a robust note, supported by strong buying in IT and PSU banking shares. The Nifty50 was up by 1.13% or 259 points at 23,261.05, while the Sensex advanced 1.11% or 824.69 points to trade at 75,025.83. Meanwhile, the Indian rupee continued its downward trend, weakening by 30 paise to touch a new record low of 92.94 against the US dollar, compared to its previous close of 92.64. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.