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Bulls charge as Sensex hits 38,000 for the first time!

Dalal Street accelerated on Thursday morning with the BSE touching a new high of 38,000 levels. It was trading at 38,020 levels, up 117 points.

This fresh record high was on the back of continued interest from foreign investors.

All sectoral indices, barring capital goods and consumer durables, traded in the green. Pharma, PSU Banks, and Realty indices advanced.

Meanwhile, ICICI Bank, Cipla, and Lupin led the top gainers on the BSE.

Interestingly, the Sensex had ended at record closing highs on Wednesday, closing near 37,900 levels, after the Mukesh Ambani-led Reliance Industries shares rallied over 3%.

On the other hand, Asian stock markets were mixed during Thursday’s trade as Chinese stocks outperformed, with investors tracking the latest developments on trade.

Japanese and South Korean stocks declined, while Hong Kong and Australian stocks advanced.

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