Sensex Today Live Updates: Sensex opens at record high of 77,418, Nifty at 23,629; Indus Towers, HUDCO in focus

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₹310- ₹341 per share. The sale, which is slated to open on Wednesday, is managed by Morgan Stanley, BofA Securities, Jefferies, and BNP Paribas.Sensex Today Live : Indian benchmark indices opened in the green on Wednesday, led by another record breaking session on the Wall Street on Tuesday that was driven primarily by a rally in AI-focussed chipmaker stocks and a colder US retail sales data that was fuelling anticipation of interest rate cuts by the US Federal Reserve in September this year.At opening bell, Sensex was up 117.22 points, or 0.15%, at 77,418.36 and Nifty was up 71.95 points, or 0.31%, at 23,629.85.Sensex Today Live : "Higher highs and higher lows are clear indicators of a strong bull rally.

This is happening now in the Nifty which has set four days of record highs. Net institutional activity has turned positive with both FIIs and DIIs turning buyers.The US 10-year bond yield declining to 4.21 % may nudge FIIs to buy more.

This is pushing FII-heavy stocks like HDFC bank and ICICI bank which have more room to appreciate since their valuations are fair.Economic news continues to be positive. Net direct tax collections have shot up by 21%.

More importantly, advance tax collections have increased impressively by 27.38 % reflecting robust economic activity.In brief, it is advantage bulls."--Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.Sensex Today Live : Indian benchmark indices were up at pre-open on Wednesday, led by another record breaking session on the Wall Street on Tuesday that was driven by a rally in AI-focussed chipmaker stocks and a colder US retail sales data that was fuelling anticipation of interest rate cuts by the US Federal Reserve in September this year.Sensex was